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Homework answers / question archive / In the market for steel, what happens after a steel tariff (tax on imports) increases? A

In the market for steel, what happens after a steel tariff (tax on imports) increases? A

Marketing

In the market for steel, what happens after a steel tariff (tax on imports) increases?

A. demand shifts up/right

B. demand shifts down/left

C. supply shifts down/right

D. supply shifts up/left

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