-The Above Figure Shows the Australian Market for Replacement Mobile

question 99

Multiple Choice

-The above figure shows the Australian market for replacement mobile phone batteries.With free trade,Australian production is equal to ________ batteries per year.When a $2 tariff is in place,Australian production is equal to ________ batteries per year.

• A)100,000;300,000
• B)300,000;100,000
• C)100,000;500,000
• D)900,000;700,000
• E)300,000;500,000

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