Suppose that the US has imposed trade restrictions that limit imports of washing machines from China.One effect of the trade restrictions will be to give US manufacturers of washing machines greater monopoly power.Economic theory predicts that this artificial monopoly power will

Select one or more:

a. make US consumers of washing machines better off.

b. cause US consumers of washing machines to pay higher prices for a new washer.

c. cause no deadweight loss since any price increase can be driven down by new entry.

d. increase consumers' purchasing power because they won't have to pay shipping costs on washers shipped from China.