Table 31.2.1 Canada's Market for Widgets

Table 31.2.1
Canada's Market for Widgets

Refer to the table below to answer the following questions.
-Table 31.2.1 shows the Canadian supply of and demand for widgets.Widgets are available on the world market for $7.If the Canadian government imposes a tariff of $1,the domestic selling price will be ________ and quantity bought will be ________.

A) $6;48 million
B) $7;44 million
C) $8;16 million
D) $8;24 million
E) $8;40 million