Which is true about an elimination of nontariff barriers on import of furniture? a. decreases profits of import-competing furniture producers b. decreases furniture imports c. increases furniture costs d. generates jobs for domestic furniture workers

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.