After a Tariff Is Imposed,consumers Must Pay a Price Equal

question 163

Multiple Choice

After a tariff is imposed,consumers must pay a price equal to the

• A) world market price.
• B) domestic equilibrium price when there is no trade.
• C) world market price plus the tariff.
• D) world market price less the tariff.
• E) domestic equilibrium price when there is no trade plus the tariff.

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Definitions:

Intravenous (IV)

To insert into the vein.

Insert Into The Vein

The process of introducing a catheter or needle into a vein, typically for the purposes of administering fluids, medications, or for drawing blood.

Diphtheria

An acute infectious disease characterized by the formation of a false membrane on any mucous surface, usually in the air passages, interfering with breathing.

Acute Infectious Disease

A rapidly developing infection caused by bacteria, viruses, fungi, or parasites, characterized by symptoms that are severe but often brief in duration.