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

Question 89

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Figure 9-2
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 revenue received by rice importers would equal A) $6.4 million. B) $9.6 million. C) $16 million. D) $19.8 million.
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 revenue received by rice importers would equal


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

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