Multiple Choice

Figure 7.2
Suppose the Canadian government imposes a $0.40 per pound tariff on rice imports. Figure 7.2 shows the impact of this tariff.
-Refer to Figure 7.2.As a result of the tariff, domestic producers increase their quantity supplied by
A) 31 thousand kilograms of rice.
B) 22 thousand kilograms of rice.
C) 15 thousand kilograms of rice.
D) 6 thousand kilograms of rice.
Correct Answer:
Verified
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Q66: Figure 7.2
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