Consider Figure 4.2. Suppose the United States imposes a tariff of $100 on each ton of steel imported. With the tariff, the price of steel rises to ____ and imports fall to ____ .
a. $550, 20 tons
b. $550, 30 tons
c. $575, 20 tons
d. $575, 30 tons
a. $550, 20 tons
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