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The Southern economy was an agrarian one. Almost all of its non-agriculture products had to be purchased from Northern factories or from Europe. A tariff on imported goods forced the Southerners to pay higher prices from either the Northern manufacturers or from factories in Europe. The tariffs allowed Northern manufacturing companies to price their goods just below the tariff laden prices of imported goods. The Federal government used tariffs to help the nation's industrial base.

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What effects a ban on smoking inside the workplace has on demand and cost curve in a oligopoly firms?

A ban on smoking inside the workplace can lead to a decrease in demand for tobacco products, as fewer people smoke in environments that restrict it. In an oligopoly, where firms are interdependent, this shift may prompt firms to lower prices to attract remaining smokers or find alternative products to maintain market share. Additionally, the cost curve may shift if firms incur expenses related to compliance with the ban, such as implementing smoking cessation programs or enhancing workplace environments. Overall, the ban can lead to reduced profit margins for tobacco firms in the oligopoly.


What Opportunity cost of a total ban on logging?

What is answer


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What industry dramatically increased as a result of the Georgia colony lifting the ban on slavery?

The plantation agricultural industry dramatically increased as a result of the Georgia colony lifting the ban on slavery. The introduction of enslaved labor enabled the expansion of cash crops, primarily rice and indigo, which became highly profitable for plantation owners. This shift not only accelerated economic growth in the colony but also contributed to the broader reliance on slavery in the southern United States. As a result, Georgia became an integral part of the plantation economy that defined the antebellum South.


What are some potential impacts on business if a polystyrene ban came into effect?

thire will be war

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