-The Above Figure Shows the Market for Rice in Japan

question 29

Multiple Choice

-The above figure shows the market for rice in Japan.SDₒmₑstᵢc represents the domestic supply curve,and Swₒᵣld represents the world supply curve.The smallest tariff necessary to completely eliminate imported rice is

• A) $1 per unit.
• B) $25 per unit.
• C) $50 per unit.
• D) Not enough information.

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