The Following Graph Shows the Supply of and Demand for Baseballs

question 44

Multiple Choice

The following graph shows the supply of and demand for baseballs in the United States. If the world price is $3 per baseball and a tariff of $1 per baseball is imposed, then the number of baseballs purchased in the United States is _____. ​
Figure 19.3
​

• A)4,000
• B)6,000
• C)8,000
• D)10,000
• E)12,000

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Definitions:

Global Human Capital

The skills, knowledge, and experience possessed by individuals worldwide that can be used for economic benefits and business success on a global scale.

Regional Human Capital

The collective skills, knowledge, and experience possessed by an area's workforce, which contributes to its economic development.

Power Distance

The degree to which subordinates in an organization accept that power is distributed unequally.

Emotionally Expressive

Describes individuals or behaviors that openly and effectively communicate emotions to others.