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question 15

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Use the following to answer questions:
Figure: Costs of Tariffs Use the following to answer questions: Figure: Costs of Tariffs   -(Figure: Costs of Tariffs)  Refer to the figure. In the figure representing the market for leather, what price would consumers pay for leather in the absence of a tariff or other import restrictions? A)  a price less than $50 B)  $50 C)  a price somewhere between $50 and $100 D)  $100
-(Figure: Costs of Tariffs) Refer to the figure. In the figure representing the market for leather, what price would consumers pay for leather in the absence of a tariff or other import restrictions?


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