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The Following Graph Shows the Supply of and Demand for Baseballs

Question 42

Multiple Choice

The following graph shows the supply of and demand for baseballs in the United States.If the world price is $3 per baseball and a tariff of $1 per baseball is imposed,then the tariff revenue collected by the United States government is _____.
The following graph shows the supply of and demand for baseballs in the United States.If the world price is $3 per baseball and a tariff of $1 per baseball is imposed,then the tariff revenue collected by the United States government is _____. A) $4,000 B) $16,000 C) $20,000 D) $24,000 E) $48,000


A) $4,000
B) $16,000
C) $20,000
D) $24,000
E) $48,000

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