Country A imports 1,000 cars per month. After imposing a $50 per car tariff, imports fall to 800 cars per month. How much does Country A's government collect in tariff revenue?
A) $40,000
B) $50,000
C) $10,000
D) $60,000
E) $90,000
Correct Answer:
Verified
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A) the minimum amount that
