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-Refer to the Diagram Above

Question 112

Multiple Choice

  -Refer to the diagram above.If this country imposes a tariff equal to $5 per pair of shoes,then the equilibrium domestic quantity demanded is ____________________ pairs of shoes per year and the equilibrium domestic quantity supplied is ____________________ pairs of shoes per year. A)  500;500 B)  750;1250 C)  1250;750 D)  1000;1000 E)  1500;500
-Refer to the diagram above.If this country imposes a tariff equal to $5 per pair of shoes,then the equilibrium domestic quantity demanded is ____________________ pairs of shoes per year and the equilibrium domestic quantity supplied is ____________________ pairs of shoes per year.


A) 500;500
B) 750;1250
C) 1250;750
D) 1000;1000
E) 1500;500

Correct Answer:

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