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Author Question: Refer to Figure 9-5. With the tariff in place, the United States A) imports 20 million pounds of ... (Read 170 times)

NguyenJ

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Refer to Figure 9-5. With the tariff in place, the United States
 
  A) imports 20 million pounds of coffee. B) exports 38 million pounds of coffee.
  C) imports 18 million pounds of coffee. D) imports 12 million pounds of coffee.

Question 2

Assume that the demand curve for DVD players shifts to the left and the supply curve for DVD players shifts to the right, but the supply curve shifts less than the demand curve. As a result
 
  A) both the equilibrium price and quantity of DVD players will decrease.
  B) the equilibrium price of DVD players will decrease; the equilibrium quantity may increase or decrease.
  C) the equilibrium price of DVD players may increase or decrease; the equilibrium quantity will increase.
  D) the equilibrium price of DVD players will decrease; the equilibrium quantity will increase.


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mmpiza

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NguyenJ

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Reply 2 on: Jun 29, 2018
Excellent


CAPTAINAMERICA

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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