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Figure 7.2 Suppose the Canadian Government Imposes a $0.40 Per Pound Tariff

Question 111

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Figure 7.2
Figure 7.2     Suppose the Canadian government imposes a $0.40 per pound tariff on rice imports. Figure 7.2 shows the impact of this tariff. -Refer to Figure 7.2.As a result of the tariff, domestic producers increase their quantity supplied by A) 31 thousand kilograms of rice. B) 22 thousand kilograms of rice. C) 15 thousand kilograms of rice. D) 6 thousand kilograms of rice.
Suppose the Canadian government imposes a $0.40 per pound tariff on rice imports. Figure 7.2 shows the impact of this tariff.
-Refer to Figure 7.2.As a result of the tariff, domestic producers increase their quantity supplied by


A) 31 thousand kilograms of rice.
B) 22 thousand kilograms of rice.
C) 15 thousand kilograms of rice.
D) 6 thousand kilograms of rice.

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