If the United States Imposed a Quota on the Amount

question 233

Multiple Choice

If the United States imposed a quota on the amount of salmon imported from Chile,the result would be ________ salmon prices in the United States and ________ in the quantity of salmon demanded in the United States.

• A) higher; an increase
• B) higher; a decrease
• C) lower; an increase
• D) lower; a decrease
• E) higher; no change

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Definitions:

Perfect Square Trinomial

A trinomial expression that is the square of a binomial, taking the form \(a^2 + 2ab + b^2\).

Polynomial

A mathematical expression involving a sum of powers in one or more variables multiplied by coefficients.

Perfect Square Trinomial

A trinomial that can be factored into two identical binomials, resulting from squaring a binomial.

Simple Interest

A way of calculating interest where the amount earned or paid is proportional to the initial sum invested or borrowed and the rate of interest.