Figure 17-13 -In Figure 17-13, If the World Price of a Baseball

question 115

Multiple Choice

Figure 17-13
-In Figure 17-13, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, how many baseballs will be purchased in the United States?

• A) 4,000
• B) 6,000
• C) 8,000
• D) 10,000
• E) 12,000

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