The Following Graph Shows the Demand for and the Supply

question 130

Multiple Choice

The following graph shows the demand for and the supply of a good in a country. If the world price of the good is $2.00 per unit and an import quota of 50 units per month is imposed, then: ​
Figure 19.6
​

• A)domestic production will increase from 100 to 200 units per month.
• B)imports will increase from 25 to 50 units per month.
• C)domestic production will increase from 100 to 175 units per month.
• D)domestic production will increase from 100 to 125 units per month.
• E)domestic production will increase from 100 to 150 units per month.

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Definitions:

Biotic Pollution

Introduction of a foreign species into an area where it is not native.

Environmental Sustainability

The ability to meet humanity’s current needs without compromising the ability of future generations to meet their needs.

Endangered Species

A species whose numbers are so severely reduced that it is in imminent danger of extinction throughout all or part of its range. Compare with threatened species.

Trematodes

A class of flatworms, commonly known as flukes, which are parasitic at some stage of their life cycle.