Author Question: In 2006, the European Union tariff on imported bananas from Latin America was 176 a ton. Suppose 2. ... (Read 86 times)

newyorker26 · **on:** Jun 29, 2018

In 2006, the European Union tariff on imported bananas from Latin America was 176 a ton. Suppose 2.

5 million tons of bananas were imported in 2006 but then the tariff decreased to 152 a ton in 2007 and as a result, 3 million tons were imported in 2007. What is the tariff revenue in 2007? A) 445,000,000
B) 528,000,000
C) 440,000,000
D) 375,000,000

Question 2

In the above figure, the most efficient way to produce 10 units is to hire

A) 1 worker.
B) 2 workers.
C) 3 workers.
D) 5 workers.