Table 31.3.1 Canada's Market for Widgets

question 41

Multiple Choice

Table 31.3.1
Canada's Market for Widgets

-Table 31.3.1 shows the Canadian supply of and demand for widgets. Widgets are available on the world market for $7. If the Canadian government imposes a tariff of $1, how many widgets will Canada import?

• A)32 million
• B)24 million
• C)16 million
• D)28 million
• E)40 million

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Definitions:

Mathematics Exam

A formal test assessing knowledge and skills in the field of mathematics.

Skewed

A distribution that is not symmetrical, where data points cluster more on one side of the scale than the other, affecting the mean, median, and mode.

Dotplot

A simple statistical chart that consists of data points plotted on a simple scale, typically used for small to moderate-sized data sets.

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