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Figure 7-2 Suppose the U

Question 40

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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.As a result of the tariff,domestic producers increase their quantity supplied by A) 6 million pounds of coffee. B) 9 million pounds of coffee. C) 12 million pounds or coffee. D) 15 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.As a result of the tariff,domestic producers increase their quantity supplied by


A) 6 million pounds of coffee.
B) 9 million pounds of coffee.
C) 12 million pounds or coffee.
D) 15 million pounds of coffee.

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