Multiple Choice
Figure 9-5
Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure 9-5 shows the impact of this tariff.
-Refer to Figure 9-5. The tariff revenue collected by the government equals
A) $3 million.
B) $9 million.
C) $15.75 million.
D) $18.75 million.
Correct Answer:
Verified
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