Figure 6.1 -Based on Figure 6.1,suppose the Government Puts a Tariff of a Tariff

Multiple Choice

Figure 6.1
-Based on Figure 6.1,suppose the government puts a tariff of $0.25 per bushel on soybean imports.How much will the tariff reduce imports?

A) Imports will decrease by 10 million bushels.
B) Imports will decrease by 20 million bushels.
C) Imports will decrease by 60 million bushels.
D) Imports will not change after the tariff.