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Refer to the Table Below to Answer the Following Questions

Question 69

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Refer to the table below to answer the following questions.
Refer to the table below to answer the following questions.    -Table 15.3.1 shows the Canadian supply of and demand for widgets.Widgets are available on the world market for $7.Canadian widget producers convince the government to protect the domestic industry from cheap imports.If the Canadian government sets an import quota of 8 million widgets, the resulting price of a widget in Canada will be _______ , and domestic production will be _______. A) $9; 28 million B) $7; 36 million C) $8; 32 million D) $6; 40 million E) $10; 32 million
-Table 15.3.1 shows the Canadian supply of and demand for widgets.Widgets are available on the world market for $7.Canadian widget producers convince the government to protect the domestic industry from cheap imports.If the Canadian government sets an import quota of 8 million widgets, the resulting price of a widget in Canada will be _______ , and domestic production will be _______.


A) $9; 28 million
B) $7; 36 million
C) $8; 32 million
D) $6; 40 million
E) $10; 32 million

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