If a Nation Imposes a Tariff on an Imported Product

question 29

Multiple Choice

If a nation imposes a tariff on an imported product, then the nation will experience a(n) :

• A) Decrease in total supply and an increase in the price of the product
• B) Decrease in demand and a decrease in the price of the product
• C) Decrease in supply of, and an increase in demand for, the product
• D) Increase in supply of, and a decrease in demand for, the product

---

Definitions:

Pairing

The process of establishing a communication link between two digital devices, allowing them to communicate or share data.

Bluetooth

A standard for wireless technology that facilitates the exchange of data over short distances between fixed and mobile devices, enabling the formation of personal area networks.

Mobile Operating System

The operating system that runs on mobile devices, such as smartphones and tablets, including iOS and Android.

Credentials

Credentials are pieces of personal information used to verify the identity of a user, typically consisting of a username and password, or other forms of identification.