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Refer to the figure below to answer the following questions.
The figure shows the market for shirts in Canada, where D is the domestic demand curve and S is the domestic supply curve.The world price is $20 per shirt.Canada imposes a tariff on imported shirts of $4 per shirt.
Figure 7.3.1
-Refer to Figure 7.3.1,with the tariff Canadians buy ________ million shirts per year.
Virtual Teams
Groups of people who work together from different geographical locations and rely on communication technology to collaborate.
Videoconferencing
A technology that allows people in different locations to hold face-to-face meetings without having to move to a single location physically.
Marketing Firm
A company that specializes in creating and implementing marketing strategies to promote products or services to target audiences.
Knowledge Workers
Employees whose main capital is knowledge, typically working in fields such as IT, finance, and education, where they think for a living.
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