The Following Question(s)refer to the Figure Below,which Shows the Effect

question 90

Multiple Choice

The following question(s) refer to the figure below,which shows the effect of a country imposing a tariff on an imported product.
Figure 17-14

-Refer to Figure 17-14.The same price and quantity outcomes under the tariff above could have also been produced by the imposition of a quota of

• A)30 units.
• B)50 units.
• C)80 units.
• D)No quota can produce the same price and quantity outcomes.

---

Definitions:

Placebo Effect

A phenomenon where an individual experiences a beneficial effect from an inert treatment or substance because they believe it is active.

Placebo Treatment

A treatment that consists of a harmless pill, medicine, or procedure prescribed more for the psychological benefit to the patient than for any physiological effect.

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, considered vital for human life and an important indicator of health.

Experimental Group

In an experiment or clinical trial, the group of participants who receive an active treatment.