Use Figure 1 to Answer Questions

question 34

Multiple Choice

Use Figure 1 to answer questions

-In Figure 1,if the free trade price was $10 and a $5 tariff was imposed on the imports,then how much is the consumption effect of the tariff (how much will the consumers loose as a result of the tariff) ?

• A)10
• B)20
• C)50
• D)90

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Definitions:

Stepwise Mechanism

A reaction mechanism that proceeds through multiple discrete stages or steps, with intermediates identifiable between each step.

Organic Product

A chemical compound of biological origin or resembling natural compounds, usually based on carbon structures.

Synthetic Steps

The individual chemical reactions that are performed in sequence to synthesize a compound from simpler starting materials.

Benzene

A basic aromatic hydrocarbon with the chemical formula C6H6, characterized by a ring of six carbon atoms with alternating double bonds.