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what's the correct answer and why are the others wrong? 23. If the government imposes a tariff on imports of cheese, the price and quantity

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what's the correct answer and why are the others wrong?

image text in transcribed
23. If the government imposes a tariff on imports of cheese, the price and quantity of imported cheese will most likely change in which of the following ways? -A. Price decrease Quantity Decrease B. Price decrease Quantity Increase C. Price Increase Quantity Not Change does not D. Price Increase Quantity Decrease say E. Price Increase Quantity Increase quantity demanded 24. Assume the demand for a product is relatively inelastic and the supply is relative elastic. A per unit excise tax will cause Vansub A. price and quantity to increase tog s of 1saidue al avods pubong burden

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