Refer to the information provided in Figure 4.1 below to answer ...

[Beheh]

Refer to the information provided in Figure 4.1 below to answer the question(s) that follow.













Refer to Figure 4.1. At the world price of 30 cents per apple the United States imports ________ million apples per day.

◦ 2
◦ 4
◦ 6
◦ 10

[mohan]

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Only 49% of students answer this correctly

[gbarreiro]

Refer to the information provided in Figure 4.1 below to answer the question(s) that follow.













Refer to Figure 4.1. If a 10-cent-per-apple tax is levied on imported apples, the United States will

◦ import 2 million apples per day.
◦ import 4 million apples per day.
◦ import 6 million apples per day.
◦ import 8 million apples per day.

[lorealeza77]

import 2 million apples per day.

[gbarreiro]

Thank you!

[lorealeza77]

Always glad to help...

[acc299]

Refer to the information provided in Figure 4.1 below to answer the question(s) that follow.













Refer to Figure 4.1. If the United States levies no taxes on apples, the price of apples in the United States would fall to ________, and the United States would import ________.

◦ 20 cents per apple; 10 million apples per day
◦ 30 cents per apple; 6 million apples per day
◦ 40 cents per apple; 2 million apples per day
◦ The price of apples in the United States after the U.S. government eliminated all taxes on imported apples cannot be determined from this information.

[mochi09]

30 cents per apple; 6 million apples per day

[BRWH]

Refer to the information provided in Figure 4.1 below to answer the question(s) that follow.













Refer to Figure 4.1. Assume that initially there is free trade. If the United States then imposes a 10-cent tax per apple

◦ the quantity of apples demanded will be reduced by 4 million apples per day.
◦ the quantity of apples supplied by U.S. firms will increase by 6 million apples per day.
◦ the price of apples in the United States will increase to 40 cents per apple.
◦ U.S. imports of apples will increase by 6 million per day.

[ankilker]

the price of apples in the United States will increase to 40 cents per apple.