The increase in the price of sugar created by the tariff will lead domestic production to increase by ________ tons per year, compared to when the economy is open without the tariff. 

A. 20
B. 10
C. 40
D. 30

Answer: A

Economics

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In a perfectly competitive market, there are ________ buyers and ________ sellers

A) many; few B) few; many C) many; many D) few; few

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