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-The Above Figure Shows the Market for Rice in Japan

Question 60

Multiple Choice

  -The above figure shows the market for rice in Japan.S₂ represents the domestic supply curve,and S₁ represents the world supply curve.Suppose a free market exists.If a $1 per unit tariff is imposed on imported rice,the quantity of imported rice will decrease by A)  10 units. B)  20 units. C)  30 units. D)  40 units.
-The above figure shows the market for rice in Japan.S₂ represents the domestic supply curve,and S₁ represents the world supply curve.Suppose a free market exists.If a $1 per unit tariff is imposed on imported rice,the quantity of imported rice will decrease by


A) 10 units.
B) 20 units.
C) 30 units.
D) 40 units.

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