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    Managerial Economics and Strategy Study Set 2
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    Exam 2: Supply and Demand
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    When an Imported Good Has Restrictions Placed on It That
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When an Imported Good Has Restrictions Placed on It That

Question 107

Question 107

Multiple Choice

When an imported good has restrictions placed on it that limits the amount that can be imported and as a result the price of the good increases, the demand curve for that good will


A) shift rightward.
B) shift leftward.
C) become steeper.
D) be unaffected.

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