Refer to the Figure Below to Answer the Following Questions

question 32

Multiple Choice

Refer to the figure below to answer the following questions. Figure 7.3.1
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.
-Refer to Figure 7.3.1.Canadian consumers' ________ from the tariff is ________.

• A)loss;$176 million
• B)gain;$64 million
• C)loss;$80 million
• D)gain;$128 million
• E)gain;$176 million

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Definitions:

Networked Culture

A culture where social networks and digital platforms significantly influence the norms, values, and practices of individuals and organizations.

Communal Culture

A type of organizational culture that emphasizes mutual support, shared values, and collective identity among members.

Positive Organizational

An approach focusing on the positive aspects of organizational life, such as strengths, virtues, and resilience, to improve well-being and performance.

Communal Culture

A social system or environment where the emphasis is on the collective well-being, sharing responsibilities, and making decisions for the common good rather than individual interests.