economic quest

When the US imposes tariffs and other trade restrictions on imported goods, 0 US producers gain monopoly power 0 the trade restrictions act as a barrier to entry 0 US consumers will lend to pay higher prices and receive fewer goods than if trade restrictions were not in place. 0 there is a deadweight loss {a lower standard of living) for people in the eoutnryr that imposed the trade restrictions. 0 all of the above. ME 25 In the market for hand-held cell phones there are 10 rms each with a ?% market share and 1 rm with a 30% market share. The Herndahl-Hirschman Index (HHIJ for this inclustryr is o 1390 o 100 o 900 O 490