Denmark Is an Importer of Computer Chips and Adds a $5

question 21

Multiple Choice

Denmark is an importer of computer chips and adds a $5 per chip tariff to the world price of $12 per chip.Suppose Denmark removes the tariff.Which of the following outcomes is not possible?

• A)More Danish-produced chips are sold in Denmark.
• B)More foreign-produced chips are sold in Denmark.
• C)Danish consumers of chips become better off.
• D)Total surplus in the Danish chip market increases.

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Definitions:

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity, which can include biological sex, social roles, and identity.

Behavior

Observable actions or reactions of an organism, often in response to the environment or stimuli.

Superego

In psychoanalytic theory, the part of the personality that acts as a moral center, enforcing societal standards and norms.

Mutation

A change in the DNA sequence within an organism's gene or chromosome, leading to variations in trait expression and sometimes to differences in physical characteristics or health.