Explain who gains and who loses from an import quota and why the losses exceed the gains

Can protection save jobs and the environment and prevent workers

in developing countries from being exploited

Explain why equalizing the marginal utility per dollar for all

goods maximizes utility

Define the paradox of value (sample: diamond and water)

and how is the paradox resolved

If a consumer's income increases and if all goods are normal

goods, explain how the quantity bought of each good changes?