Multiple Choice
Exhibit 19-6
In Exhibit 19-6, 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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