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Figure 9-24 the Following Diagram Shows the Domestic Demand and Supply in Supply

Question 294

Multiple Choice

Figure 9-24
The following diagram shows the domestic demand and supply in a market.Assume that the world price in this market is $20 per unit. Figure 9-24 The following diagram shows the domestic demand and supply in a market.Assume that the world price in this market is $20 per unit. -Refer to Figure 9-24.Suppose the government imposes a tariff of $10 per unit.The amount of revenue collected by the government from the tariff is A) $50. B) $100. C) $150. D) $200.
-Refer to Figure 9-24.Suppose the government imposes a tariff of $10 per unit.The amount of revenue collected by the government from the tariff is


A) $50.
B) $100.
C) $150.
D) $200.

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