Use the Following to Answer Questions

question 116

Multiple Choice

Use the following to answer questions :
Figure: The Market for Melons in Russia II
-(Figure: The Markets for Melons in Russia II) Look at the figure The Market for Melons in Russia II. Suppose producers lobby effectively for the imposition of a tariff that raises the world price from $10 to $15. Tariff revenue to the government will equal:

• A)$150.
• B)$200.
• C)75.
• D)$5.

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Definitions:

Goal

An objective or desired result that an individual or organization aims to achieve, often driving motivation and effort.

Need

A state of biological or social deficiency.

Pencil Chewing

A common habit where individuals bite or chew on pencils, often related to stress, concentration, or habit.

Habit

A regular practice or routine that is performed automatically without conscious thought.