Refer to the Figure Below to Answer the Following Questions

question 51

Multiple Choice

Refer to the figure below to answer the following questions.

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.
Figure 7.3.1
-Refer to Figure 7.3.1,with the tariff Canada imports ________ million shirts per year.

• A)24
• B)8
• C)32
• D)16
• E)40

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Definitions:

Sense of Agency

The feeling or belief that one is in control of their actions and can effect change in the world or their own lives.

Clock Time

A form of time developed through industrialization in which time is no longer passed but spent. Time is a valuable currency that defines the employer–employee relationship and over which struggles occur.

Task Time

The duration specifically allocated or required to complete a particular task or activity.

Creative Class

A socioeconomic class theorized by Richard Florida, characterized by individuals engaged in work that requires creativity, innovation, and intellectual input.