Professor: Dr. Reza Fazeli
Wal-Mart: The High Cost of Low Price
Wal-Mart has become one of America's most successful retail chains by offering
everyday goods at lowest prices. How can Wal-Mart able to charge less than others, and what has
their success do
1) In the case of a small country, producer surplus
A) increases more with a tariff than with an equivalent quota.
B) increases more with a quota than with an equivalent tariff.
C) is not changed by tariffs or quotas.
D) increases the same with
Second Midterm Study Questions
Dr. Reza Fazeli
1. In the case of a small country, producer surplus
increases the same with tariffs and equivalent quotas.
2. In the case of a small country, consumer surplus
decreases the same with tariffs and equi
The visions represented by the current president
Obama and Romney governor on tax policy and
Free trade or protectionism is one of the key economic issues. Should the America pursue
more mercantilist policy and help protect the jobs, or sh
Extra Credit for the third Examination
You may Wal-Mart: The High Cost of Low Price on Friday Nov. 30. This film was made by
director Robert Greenwald in 2005. The film presents a critical review of Wal-Mart's business
practices through interviews with fo