The Following Graph Shows the Demand for and Domestic Supply

question 1

Multiple Choice

The following graph shows the demand for and domestic supply of a good in a country. If the world price of the good is $2.00 per unit and an import quota of 50 units per month is imposed, then the gain of the foreign exporters with quota rights is represented by the area _____.

• A) h
• B) i
• C) g
• D) a and b
• E) c and d

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Definitions:

Motivational Practices

Strategies or approaches used to inspire and encourage individuals or teams to achieve their goals.

Organization's Culture

The shared beliefs, values, norms, and practices that guide the behavior of people within an organization and shape its identity.

Management Practices

Methods, strategies, or procedures implemented by a management team to help an organization reach its goals and maintain efficiency.

Contingency Factors

External or internal variables that can influence the effectiveness of organizational strategies or leadership styles, depending on the specific situation.