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

Calculate the sum of observations given the sample size and mean.

Understand the impact of skewness on the mean, median, and mode.

Differentiate between measures of central tendency and measures of variability.

Identify the conditions under which the mean, median, and mode are equal.

---

Definitions:

C4 Pathway

A photosynthetic process in some plants that captures carbon dioxide in a four-carbon compound, allowing them to thrive in high temperatures and light intensities.

Photosynthesis Efficiency

The ability of plants to convert light energy from the sun into chemical energy stored in organic compounds with minimal energy loss.

Hot Dry Climates

Climates characterized by low humidity and high temperatures, often found in desert regions and areas with a long dry season.

CAM Plant

Plant that carries out crassulacean acid metabolism; carbon is initially fixed into organic acids at night in the reaction of CO2 and phosphoenolpyruvate, catalyzed by PEP carboxylase; during the day the acids break down to yield CO2, which enters the Calvin cycle. Compare with C3 plant and C4 plant.