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Question 7

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Use the following to answer questions:
Figure: Shirts Use the following to answer questions: Figure: Shirts -(Figure: Shirts) Refer to the figure. If a $5 tariff was levied on shirts, how much tax revenue would the government collect? A) $0 B) $100 million C) $200 million D) $375 million
-(Figure: Shirts) Refer to the figure. If a $5 tariff was levied on shirts, how much tax revenue would the government collect?


A) $0
B) $100 million
C) $200 million
D) $375 million

Correct Answer:

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