In the exporting country, an export subsidy will help consumers and raise the overall economic welfare of the exporting country. hurt consumers but raise the overall economic welfare of the exporting country. hurt consumers and lower the overall economic welfare of the exporting country. help consumers but lower economic welfare of the exporting country. help consumers and have no effect on the economic welfare of the exporting country.

Identify which of the twelve basic functions listed below fit the description given.

According to the law of demand, there is an inverse relationship between price and quantity demanded. that is, the demand curve for goods and services slopes downward. why?

You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)