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

question 25

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. D_d and S_d are the domestic demand and supply curves of computers respectively. Under free-trade the U.S. imported _____ computers, but following the imposition of the tariff the U.S. began to import _____ computers.

• A)100,000; 70,000
• B)70,000; 100,000
• C)200,000; 190,000
• D)90,000; 100,000

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Definitions:

Crystallized Intelligence

The ability to use skills, knowledge, and experience, often considered to improve with age.

Stereotype Threat

The risk of confirming negative stereotypes about one's group, which can hinder performance.

Intelligence Quotient

A score derived from standardized tests designed to assess human intelligence.

Mental Age

Refers to the level of intellectual development as compared to the average intellectual capacity for a person of a specific chronological age.