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Author Question: -2 Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure ... (Read 554 times)

olgavictoria

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Figure 7-2








Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure 7-2 shows the impact of this tariff.  






Refer to Figure 7-2. The tariff revenue collected by the government equals


◦ $10 million.
◦ $15 million.
◦ $19.875 million.
◦ $35 million.


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Marked as best answer by olgavictoria on Mar 16, 2019

pratush dev

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