If the United States imports purses, then the quantity of purses produced in the United States will_________And the quantity of purses purchased by consumers in the United States will _____.

Question

Quizplus · Accepted Answer

When the United States imports purses, domestic production decreases due to competition from cheaper imports, while the overall quantity purchased by consumers increases because of the lower prices and greater availability.

If the United States Imports Purses, Then the Quantity of Purses