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-The Above Figure Shows the Australian Market for Replacement Mobile

Question 100

Multiple Choice

-The above figure shows the Australian market for replacement mobile phone batteries. With free trade, Australian production is equal to ________ batteries per year. When a $2 tariff is in place, Australian production is equal to ________ batteries per year. A) 300,000; 100,000 B) 100,000; 500,000 C) 900,000; 700,000 D) 100,000; 300,000 E) 300,000; 500,000
-The above figure shows the Australian market for replacement mobile phone batteries. With free trade, Australian production is equal to ________ batteries per year. When a $2 tariff is in place, Australian production is equal to ________ batteries per year.


A) 300,000; 100,000
B) 100,000; 500,000
C) 900,000; 700,000
D) 100,000; 300,000
E) 300,000; 500,000

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