Figure 9-2 Suppose the U.S. Government Imposes a $0.40 Per Pound Tariff

Multiple Choice

Figure 9-2

Suppose the U.S. government imposes a $0.40 per pound tariff on rice imports. Figure 9-2 shows the impact of this tariff.
-Refer to Figure 9-2.If the tariff was replaced by a quota which limited rice imports to 16 million pounds, the amount of additional revenue received by rice importers would equal

A) $6.4 million.
B) $9.6 million.
C) $16 million.
D) $19.8 million.