What Should Happen to the Equilibrium Price and Quantity in a Market

question 82

Multiple Choice

What should happen to the equilibrium price and quantity in a market as a result of a tariff on imports?

• A)Equilibrium price and quantity should both go up.
• B)Equilibrium price should go up,and equilibrium quantity should go down.
• C)Equilibrium price should go down,and equilibrium quantity should go up.

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Definitions:

Motor Difficulties

Challenges or impairments in the ability to perform movements or tasks that require motor coordination.

Schizophrenogenic Mother

A controversial and largely discredited theory suggesting a cold, domineering, and conflicting maternal style could contribute to the development of schizophrenia in children.

Hypokrisia

In Meehl’s theory, the reduced selectivity with which nerve cells respond to stimuli, especially as seen in schizophrenia.

Neuronal Reactivity

The responsiveness of neurons in the brain to various stimuli or changes in the environment, affecting an individual's behavior and cognitive processes.