When a Tariff on a Product Is Removed, It Will

question 92

Multiple Choice

When a tariff on a product is removed, it will result in a(n) :

• A)decrease in the supply of a product and a higher price.
• B)increase in the supply of the product and a higher price.
• C)increase in the supply of the product and a lower price.
• D)decrease in the supply of the product and a lower price.

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Definitions:

Preschool Boys

Young male children, typically under the age of 5, who are in the early childhood phase prior to attending kindergarten.

Delicate and Weak

This phrase refers to something or someone that is fragile, lacking in strength or vigor.

Girls

Young female humans, often defined before the onset of adulthood.

Identify

To recognize or establish who or what someone or something is; to ascertain the origin, nature, or definitive characteristics of.