Assume that the majority of microchips in computers made and sold in the US come from China. If the U.S. imposes a tariff on chinese microchips, the equilibrium price of American-made computers will

Assume that the majority of microchips in computers made and sold in the US come from China. If the U.S. imposes a tariff on chinese microchips, the equilibrium price of American-made computers will




A. stay the same
B. rise
C. fall
D. fall, then rise


Answer: B. rise


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