Multiple Choice
Figure 17-13
-In Figure 17-13, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, how many baseballs will be purchased in the United States?
A) 4,000
B) 6,000
C) 8,000
D) 10,000
E) 12,000
Correct Answer:
Verified
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