Examlex

Solved

Refer to the Above Diagram, Where Sd and Dd Are

question 79

Multiple Choice

  Refer to the above diagram, where S<sub>d</sub> and D<sub>d</sub> are the domestic supply and demand for a product and P<sub>c</sub> is the world price of that product.With a per unit tariff of P<sub>c</sub>P<sub>t</sub>, the total amount of tariff revenue collected on this product will be: A) P<sub>a</sub>P<sub>t</sub> times wy. B) P<sub>c</sub>P<sub>t</sub> times x. C) P<sub>c</sub>P<sub>t</sub> times wy. D) P<sub>c</sub>P<sub>t</sub> times z. Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product.With a per unit tariff of PcPt, the total amount of tariff revenue collected on this product will be:


Definitions:

Inclusive Fitness

The total of an individual’s direct and indirect fitness; includes the genes contributed directly to offspring and those contributed indirectly by kin selection. Compare with direct fitness. See kin selection.

Sociobiology

The branch of biology that focuses on the evolution of social behavior through natural selection.

Ultimate Cause

The deeper reason for an occurrence based on evolutionary significance and history, explaining why a feature or behavior exists in an organism.

Altruism

A type of cooperative behavior in which an individual appears to behave in a way that benefits another rather than itself.

Related Questions