Figure 9-1 Figure 9-1 shows the U.S. demand and supply for leather footwear.
-Refer to Figure 9-1. Suppose the government allows imports of leather footwear into the United States. What will be the domestic quantity supplied?

Question

Figure 9-1  Figure 9-1 shows the U.S. demand and supply for leather footwear.
-Refer to Figure 9-1. Suppose the government allows imports of leather footwear into the United States. What will be the domestic quantity supplied?

Quizplus · Accepted Answer

The domestic quantity supplied will be 10 units because the import of leather footwear will make the domestic producers less competitive, causing them to reduce their production.

Figure 9-1 Figure 9-1 Shows the U