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The Figure Given Below Depicts the Negatively Sloped Demand and Positively

question 49

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The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country.Figure 21.2
The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country.Figure 21.2    -Which of the following tools of commercial policy acts as a quantitative restriction on imports? A) Tariff B) Subsidy C) Health and Safety regulations D) Quota E) Government procurement
-Which of the following tools of commercial policy acts as a quantitative restriction on imports?


Definitions:

Maintain Ratio

The requirement to keep a consistent ratio, often used in the context of financial ratios by firms to ensure stability or compliance with regulations.

Solve for X

The process of determining the value of the variable X that satisfies a given equation.

Proportion

A proportion is a mathematical relationship showing that two ratios or fractions are equal.

Ownership Ratio

The proportion of a company or property owned by an individual or entity, often expressed as a percentage.

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