Figure 9.8
-Refer to Figure 9.8. If free trade in sugar is replaced by a $50 tariff in sugar, government revenue from the tariff will be
A) $50.
B) $5000.
C) $15,000.
D) $17,500.
E) $25,000.

Question

Figure 9.8
-Refer to Figure 9.8. If free trade in sugar is replaced by a $50 tariff in sugar, government revenue from the tariff will be
A) $50. 
B) $5000. 
C) $15,000. 
D) $17,500. 
E) $25,000.

Quizplus · Accepted Answer

The Answer of  Figure 9.8
-Refer to Figure 9.8. If free trade in sugar is replaced by a $50 tariff in sugar, government revenue from the tariff will be
A) $50. 
B) $5000. 
C) $15,000. 
D) $17,500. 
E) $25,000.

Figure 9.8 -Refer to Figure 9.8. If Free Trade in Sugar Is