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Exhibit 17-10 -In Exhibit 17-10 the Domestic Demand for Sugar Is Represented

Question 150

Multiple Choice

Exhibit 17-10 Exhibit 17-10   -In Exhibit 17-10 the domestic demand for sugar is represented by D and the domestic supply is represented by S and the world price of sugar is $.13 per pound with a domestic tariff of $.02 per pound of sugar.This tariff will generate ________ in revenue for the government. A) $0 B) $5,000 C) $25,000 D) $50,000 E) $75,000
-In Exhibit 17-10 the domestic demand for sugar is represented by D and the domestic supply is represented by S and the world price of sugar is $.13 per pound with a domestic tariff of $.02 per pound of sugar.This tariff will generate ________ in revenue for the government.


A) $0
B) $5,000
C) $25,000
D) $50,000
E) $75,000

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