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Figure 7-2 Suppose the U

Question 3

Multiple Choice

Figure 7-2 Figure 7-2 Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 7-2 shows the impact of this tariff. -Refer to Figure 7-2.The tariff revenue collected by the government equals A) $3 million. B) $9 million. C) $15.75 million. D) $18.75 million. Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 7-2 shows the impact of this tariff.
-Refer to Figure 7-2.The tariff revenue collected by the government equals


A) $3 million.
B) $9 million.
C) $15.75 million.
D) $18.75 million.

Correct Answer:

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