Refer to the information provided in Figure 33.4 below to answer the question(s) that follow. 
Figure 33.4
-Refer to Figure 33.4. The domestic price of a leather wallet is $20. With free trade the price of a leather wallet is $10 and after a tariff is imposed the price is $15. With free trade domestic consumption is
Definitions:
Investment Center
A business segment or unit within an organization for which the manager has control and is responsible for its revenue, expenses, and the assets invested in the center.
Return On Investment
A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments.
Residual Income
The amount of income that exceeds the minimum target return, often used in performance measurement and managerial compensation.
Return On Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of the investment.
Q17: Refer to Table 31.1. During Period 2,
Q28: Traditional macroeconomic models assume that people's expectations
Q49: Refer to Figure 31.2. Suboptimal production occurs
Q93: Refer to Figure 33.2. The opportunity cost
Q137: The relation between growth, as measured in
Q152: Which of the following policies tends to
Q163: If labor productivity in a copper mine
Q183: Refer to Figure 33.1. Which of the
Q195: The new classical macroeconomists believe that people
Q253: According to the rational expectation hypothesis, disequilibrium