Solved

The Figure Shows the Market for Shirts in the United

Question 140

Multiple Choice

  The figure shows the market for shirts in the United States, where D is the U.S demand curve and S is the U.S. supply curve. The world price is $20 per shirt. The United States imposes a tariff on imported shirts, $4 per shirt. -In the figure above, with the tariff American consumers ________ million shirts per year. A)  40 B)  48 C)  32 D)  16 The figure shows the market for shirts in the United States, where D is the U.S demand curve and S is the U.S. supply curve. The world price is $20 per shirt. The United States imposes a tariff on imported shirts, $4 per shirt.
-In the figure above, with the tariff American consumers ________ million shirts per year.


A) 40
B) 48
C) 32
D) 16

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions