Suppose That at the Current World Price Bananas Are Imported

question 44

Multiple Choice

Suppose that at the current world price bananas are imported into Canada.Suppose also that domestic supply is perfectly inelastic and domestic demand has unit elasticity.If Canada were to place a tariff on imported bananas,the

• A)revenues of the foreign exporters of bananas would rise.
• B)quantity imported would be unaffected.
• C)quantity imported would rise.
• D)price of bananas in Canada would rise,but total domestic expenditures would fall.
• E)price of bananas in Canada would rise,but total domestic expenditures would be unaffected.

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Definitions:

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The process of managing and sometimes suppressing emotions to fulfill the emotional requirements of a job or role in the workplace.

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Responses that are favorable, supportive, or affirmative towards a stimulus or situation, often leading to beneficial outcomes.

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The degree to which an individual feels positively or negatively about their job.