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Refer to the Following Graph

Question 22

Multiple Choice

Refer to the following graph. Refer to the following graph. Suppose the graph depicted market demand for British cars sold in the United States. A tariff of $1,000 a car would result in tax revenue of: A) $10 million. B) less than $10 million. C) greater than $10 million. D) zero. Suppose the graph depicted market demand for British cars sold in the United States. A tariff of $1,000 a car would result in tax revenue of:


A) $10 million.
B) less than $10 million.
C) greater than $10 million.
D) zero.

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