Multiple Choice
Figure 7-1 Figure 7-1 shows the U.S.demand and supply for leather footwear.
-Refer to Figure 7-1.Suppose the government allows imports of leather footwear into the United States.What will the market price be?
A) > $24
B) $24
C) $30
D) $54
Correct Answer:

Verified
Correct Answer:
Verified
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