Refer to the Graph Shown for a Small Country That

question 9

Multiple Choice

Refer to the graph shown for a small country that is a price taker internationally. Assume the foreign supply of this product is perfectly elastic at a price of $4 per unit.If government imposes a tariff in the amount of $2 per unit, it will collect revenue in the amount of:

• A)$0.
• B)$2,400.
• C)$5,000.
• D)$10,000.

---

Definitions:

HR Generalist

A human resources professional responsible for a broad range of HR functions, including recruitment, training, benefits management, and compliance.

Recruitment and Selection

This refers to the process by which companies identify, attract, and hire the best candidates for job vacancies.

HRM Professionals

HRM professionals are experts in Human Resource Management who specialize in managing and optimizing an organization's human capital and employment practices.

College Degree

A formal certification awarded by an educational institution upon completion of a prescribed course of study.