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SCENARIO: GUATEMALA'S TELEVISION MARKET

Question 75

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SCENARIO: GUATEMALA'S TELEVISION MARKET
The following table gives the hypothetical supply and demand of television SCENARIO: GUATEMALA'S TELEVISION MARKET The following table gives the hypothetical supply and demand of television   (Scenario: Guatemala's Television Market)  How much total tariff revenue Will Guatemala collect when it imposes the 100% tariff on imported TVs? A) $300 B) $0 C) $240,000 D) $360,000
(Scenario: Guatemala's Television Market) How much total tariff revenue
Will Guatemala collect when it imposes the 100% tariff on imported TVs?


A) $300
B) $0
C) $240,000
D) $360,000

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