The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 10

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Which of the following is true of a tariff?

• A)It is a tax levied by the government on domestic production of goods and services.
• B)It is a quantitative restriction on imports imposed by the government.
• C)It is a monetary benefit received by exporters from the government.
• D)It is a monetary benefit received by importers from the government.
• E)It is a tax on import and export levied by the government.

---

Definitions:

Focus Group Research

A qualitative research method involving guided group discussions used to gather participants' attitudes, perceptions, and responses toward a specific topic or product.

Consumer Participants

Individuals who actively engage in the marketplace by purchasing or using goods and services.

Informal Research

A type of research that is not structured rigorously, often relying on casual methods of data collection such as observations or informal interviews.

Survey Research

A method of collecting information from a sample of individuals using questionnaires or interviews to study opinions, behaviors, or characteristics.