Refer to the information provided in Figure 20.3 below to answer the question(s) that follow. 
Figure 20.3
-Refer to Figure 20.3. The domestic price of shoes is $80. After trade the price of a pair of shoes is $60. Now domestic production costs fall so that the equilibrium domestic price of a pair of shoes is $70. This would cause
Definitions:
Management Roles
Various functions and responsibilities held by managers, including planning, organizing, leading, and controlling.
Law Degrees
Academic qualifications awarded to individuals who have completed studies in law, preparing them for legal careers.
Law Firm Partners
Senior members of a law firm who have an ownership stake and are primarily responsible for the firm's business operations, client relations, and legal service delivery.
Workplace Leave
Authorized absence from work granted to employees for various reasons such as illness, vacation, or family commitments.
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