May 2021 1 19 Report
TARIFF MICROECONOMICS QUESTION?

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Refer to Figure 9-6. The imposition of a tariff on carnations

1. increases the number of carnations imported by 100.

2. increases the number of carnations imported by 200.

3. decreases the number of carnations imported by 200.

4. decreases the number of carnations imported by 400.

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