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-Refer to the Diagram Above

question 8

Multiple Choice

  -Refer to the diagram above.If this country imposes an import quota of 500 pairs of shoes per year,then the equilibrium domestic quantity demanded is ____________________ pairs of shoes per year and the equilibrium domestic quantity supplied is ____________________ pairs of shoes per year. A)  500;500 B)  750;1250 C)  1250;750 D)  1000;1000 E)  1500;500
-Refer to the diagram above.If this country imposes an import quota of 500 pairs of shoes per year,then the equilibrium domestic quantity demanded is ____________________ pairs of shoes per year and the equilibrium domestic quantity supplied is ____________________ pairs of shoes per year.


Definitions:

Charles Darwin

A 19th-century British naturalist who developed the theory of natural selection, significantly contributing to the understanding of evolutionary biology.

Gene Mutation

A permanent alteration in the DNA sequence that makes up a gene, which can affect how a gene functions, potentially leading to genetic disorders or variations.

Survival of the Fittest

A concept from evolutionary biology, suggesting that organisms best adapted to their environment are more likely to survive and reproduce.

Herbert Spencer

A British philosopher and sociologist who contributed to the development of social Darwinism and emphasized the importance of individualism and societal evolution.

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