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Author Question: The diagram below shows supply and demand curves for bicycles in the domestic Canadian market. ... (Read 179 times)

hjfhdiskkjs

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on: Oct 12, 2022

The diagram below shows supply and demand curves for bicycles in the domestic Canadian market. Assume that all bicycles are identical.



FIGURE 20-4

Refer to Figure 20-4. Suppose the world price of bicycles is $200 and Canada has in place a 50% import tariff on this good. The Canadian government will collect tariff revenue in the amount of ________ per year.


◦ $1.5 million
◦ $1.0 million
◦ $2.0 million
◦ $2.5 million
◦ $0.5 million
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by hjfhdiskkjs on Oct 12, 2022

leilani49

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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hjfhdiskkjs

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

flexer1n1

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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