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Figure 7-2 Suppose the U

Question 101

Multiple Choice

Figure 7-2 Figure 7-2 Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 7-2 shows the impact of this tariff. -Refer to Figure 7-2.With the tariff in place,the United States consumes A) 12 million pounds of coffee. B) 24 million pounds of coffee. C) 36 million pounds of coffee. D) 45 million pounds of coffee. Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 7-2 shows the impact of this tariff.
-Refer to Figure 7-2.With the tariff in place,the United States consumes


A) 12 million pounds of coffee.
B) 24 million pounds of coffee.
C) 36 million pounds of coffee.
D) 45 million pounds of coffee.

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