The Figure Given Below Shows the Market for Shoes in the U.S

question 54

Multiple Choice

The figure given below shows the market for shoes in the U.S. The domestic price line with tariff lies above the international price line. D_d and S_d are the domestic demand and supply curves of shoes respectively. Following the imposition of tariff, the domestic consumer surplus _____ by the area _____.

• A)increases; c + d
• B)decreases; d
• C)decreases; (a + b + c +d)
• D)increases; (b + d)

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Definitions:

Variations in Temperature

Differences or changes in the degree of heat or cold in an environment or organism that can affect metabolic rates, weather patterns, and physical states.

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage or described in terms of such damage.

Stratified Squamous Epithelial Tissue

A type of tissue composed of multiple layers of squamous cells, designed to protect underlying tissues in areas subject to abrasion.

Collagen and Elastin Fibers

Proteins present in connective tissues, where collagen provides strength and elastin allows for elasticity.