(Figure: Market for TVs 2) Suppose that the world price of TVs is $400, and the government imposes a $100 tariff. According to the figure, domestic consumers purchase _____ units from domestic producers and _____ units from foreign producers after the tariff.
A) 20,000; 60,000
B) 40,000; 30,000
C) 30,000; 40,000
D) 60,000; 20,000
Correct Answer:
Verified
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