The Table Below Shows the Prices in Canada of One

question 71

Multiple Choice

The table below shows the prices in Canada of one kilogram of cheddar cheese produced in three different countries.Assume that all cheddar cheese is identical.
TABLE 33-1
-Refer to Table 33-1.If Canada has a 40% tariff in place on the import of cheddar cheese,the price per kilogram of cheese from Canada,United Kingdom and United States respectively,is

• A)$10,$12.60 and $11.20.
• B)$10,$9.00 and $8.00.
• C)$14,$12.60 and $11.20.
• D)$14,$9.00 and $8.00.
• E)$10,$10 and $10.

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Definitions:

Revenue

The total amount of money received by a company for goods sold or services provided during a certain period.

Factoring

The process of breaking down an expression into a product of its simpler factors.

Equation

A mathematical statement asserting the equality of two expressions, typically involving variables and constants.

Factoring

The process of breaking down an expression into a product of simpler elements or factors.