-Refer to the Diagram Above

question 27

Multiple Choice

-Refer to the diagram above.If this country imposes a tariff equal to $5 per pair of shoes,then the government will collect tax revenue equal to ____________________ per year.

• A) $2500
• B) $6250
• C) $7500
• D) $10,000
• E) $15,000

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Definitions:

Group Cohesiveness

The extent to which members of a group support and validate one another while working towards a common goal.

Contest

A competitive event in which individuals or teams strive to prove superiority in a particular area.

Initiation

The act of beginning something, such as a process or activity.

Tough Initiation

Practices or rituals designed to introduce and integrate new members into an existing community or organization, often involving challenging tasks or hardships.