The figure shows the market for shirts in the United States, where D is the domestic demand curve and S is the domestic supply curve. The world price is $20 per shirt. The United States imposes a tariff on imported shirts, $4 per shirt.
-In the figure above, with the tariff Americans buy _________million shirts per year.
A) 16
B) 40
C) 32
D) 48
Correct Answer:
Verified
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