Multiple Choice
Figure 7.1.Defending the Target Price in Face of Changing Demand Conditions 
-Consider Figure 7.1.Suppose the demand for tin decreases from D0 to D2.Under a system of export quotas,the tin producers could maintain the target price by:
A) Increasing the quantity of tin supplied by 15 pounds
B) Increasing the quantity of tin supplied by 30 pounds
C) Decreasing the quantity of tin supplied by 15 pounds
D) Decreasing the quantity of tin supplied by 30 pounds
Correct Answer:
Verified
Correct Answer:
Verified
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