-Refer to the diagram above.If this country imposes a tariff equal to $5 per pair of shoes,then ____________________ are equal to ____________________ pairs of shoes per year.

Question

Quizplus · Accepted Answer

The tariff will make imported shoes more expensive, so people will buy fewer of them. The decrease in imports is equal to the amount of the tariff multiplied by the number of pairs of shoes imported. In this case, the tariff is $5 per pair of shoes, and the number of pairs of shoes imported is 1000, so the decrease in imports is $5 * 1000 = $5000.

-Refer to the Diagram Above