Multiple Choice
Figure 9.5.1
-Refer to Figure 9.5.1 above. If free trade in sugar is replaced by a $50 tariff in sugar, government revenue from the tariff will be:
A) $50.
B) $5000.
C) $15,000.
D) $17,500.
E) $25,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q104: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3095/.jpg" alt=" Figure 9.5.1 -Refer
Q105: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3095/.jpg" alt=" Figure 9.1.2 -Refer
Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3095/.jpg" alt=" Figure 9.2.1 -Refer
Q107: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3095/.jpg" alt=" Figure 9.1.3 -Refer
Q108: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3095/.jpg" alt=" Figure 9.1.3 -Refer
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Q112: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3095/.jpg" alt=" Figure 9.1.2 -Refer
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