An Import Ban Results In

question 94

Multiple Choice

An import ban results in:

• A) a decrease in the supply of the product.
• B) a decrease in the quantity of the product bought and sold.
• C) an increase in the product's price.
• D) all of the above

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Definitions:

Fiscal Year

A 12-month period used for accounting purposes and financial reporting by organizations, which may not align with the calendar year.