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

question 15

Multiple Choice

The figure given below shows the market for computers in the U.S. The domestic price line inclusive of the tariff lies above the international price line. Dd and Sd are the domestic demand and supply curves of computers respectively. The imposition of a tariff on computers caused the surplus of the U.S. consumers to _____ by _____.


Definitions:

Rule-breaking Behavior

Actions that violate established guidelines, norms, or laws, often reflecting disregard for societal or organizational rules.

Prescription Medications

Refers to drugs that cannot be legally obtained without a prescription from a physician to treat and manage specific medical conditions.

Self-fulfilling Prophecy

A forecast that, whether through direct or indirect means, fulfills itself by creating a loop of positive feedback between what is believed and the actions taken.

Paranoid

A state of mind characterized by irrational distrust or suspicion of others, often leading to misinterpretation of others' intentions as malevolent.

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