Refer to the Table Above for a Certain Product's Market

Multiple Choice

Refer to the table above for a certain product's market in Econland. If the world price of the product were $6 and a tariff of $1 per unit were applied to imports of the product, then the total revenue (after tariff) going to domestic producers would be:

A) $11,200, and the total revenue (after tariff) going to foreign producers would be $2,800
B) $11,200, and the total revenue (after tariff) going to foreign producers would be $2,400
C) $8,400, and the total revenue (after tariff) going to foreign producers would be $2,800
D) $13,200, and the total revenue (after tariff) going to foreign producers would be $2,400