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Author Question: Which of the following chain of events occurs when a tariff is imposed on a good? (Read 65 times)

Deast7027

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on: May 24, 2019
Which of the following chain of events occurs when a tariff is imposed on a good?
◦ Domestic prices rise, shifting the domestic supply curve rightward.
◦ Domestic prices fall, shifting the demand curve rightward, and consumers buy more of the good.
◦ Domestic prices fall, decreasing the domestic quantity supplied and increasing the quantity demanded.
◦ Domestic prices rise, decreasing the quantity demanded and increasing the domestic quantity supplied.
◦ Domestic prices rise, shifting the demand curve leftward and the domestic supply curve rightward.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Deast7027 on May 24, 2019

jharrington11

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Deast7027

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Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

coreycathey

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Reply 3 on: Yesterday
Excellent

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