Table 31.3.1 Canada's Market for Widgets

question 99

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, the domestic selling price will be ________ and quantity bought will be ________.

• A)$6; 48 million
• B)$7; 44 million
• C)$8; 16 million
• D)$8; 24 million
• E)$8; 40 million

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Definitions:

Eccrine Gland

Sweat glands found all over the body that help regulate body temperature by releasing sweat.

Apocrine Gland

A type of gland that is mainly responsible for body scent, found in underarms, genital area, and nipples.

Longitudinal Ridges

Vertical lines or grooves that run lengthwise along a surface, common in nails due to aging or health issues.

Iron Deficiency

A condition resulting from inadequate levels of iron in the body, leading to anemia and associated symptoms like fatigue.