Refer to the Diagram Below,where S_d and D_d Are the Domestic

question 77

Multiple Choice

Refer to the diagram below,where S_d and D_d are the domestic supply and demand for a product and P_c is the world price of that product.S_d + Q is the product supply curve after an import quota is imposed.A quota of wy will:

• A) lower domestic price and increase domestic consumption.
• B) increase the revenues of domestic producers by areas E + F + K.
• C) increase the revenues of domestic producers by areas G + H.
• D) increase the revenues of domestic producers by areas E + F + G + H + J.

---

Definitions:

Aroused

Refers to the state of being awakened or stimulated, either physically, mentally, or emotionally.

Astonished

Greatly surprised or amazed, often beyond expectation.

Personal Space Zones

The physical space immediately surrounding individuals which they consider their personal area, the intrusion of which can lead to discomfort or anxiety.

Subordinates

Individuals who are lower in rank or position and are subject to the authority and control of another.