The table below shows the prices in Canada of one kilogram of cheddar cheese produced in three different countries.Assume that all cheddar cheese is identical.
TABLE 33-1
-Refer to Table 33-1.If Canada has a 40% tariff in place on the import of cheddar cheese,the price per kilogram of cheese from Canada,United Kingdom and United States respectively,is
A) $10,$12.60 and $11.20.
B) $10,$9.00 and $8.00.
C) $14,$12.60 and $11.20.
D) $14,$9.00 and $8.00.
E) $10,$10 and $10.
Correct Answer:
Verified
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