Refer to the Information Provided in Figure 4

question 135

Multiple Choice

Refer to the information provided in Figure 4.5 below to answer the questions that follow. Figure 4.5
-Refer to Figure 4.5. If the United States eliminates all taxes on CD-Rom drives, which of the following would occur?

• A) The price of CD-Rom drives in the United States would be $15 per CD-Rom drive, and the United States would import 3 million CD-Rom drives.
• B) The price of CD-Rom drives in the United States would be $25 per CD-Rom drive, and the United States would import 3 million CD-Rom drives.
• C) The price of CD-Rom drives in the United States would be $15 per CD-Rom drive, and the United States would import 9 million CD-Rom drives.
• D) The price of CD-Rom drives in the United States after the U.S. government eliminated all taxes on imported CD-Rom drives cannot be determined from this information.

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Definitions:

Points

Positions or locations on a plane or space, represented by a set of numbers in a coordinate system.

Slope-Intercept Form

A linear equation's representation in the form y = mx + b, where m is the slope and b is the y-intercept.

Undefined Slope

Refers to the slope of a vertical line in coordinate geometry, which cannot be calculated as it would involve division by zero.

Line

In geometry, a straight one-dimensional figure having no thickness and extending infinitely in both directions.