If a Country Imposes a $10 Tariff on a Foreign

question 128

Multiple Choice

If a country imposes a $10 tariff on a foreign monopolist, the price
Received by the monopolist, net of the tariff, will:

• A)fall by $10.
• B)fall by less than $10.
• C)fall by more than $10.
• D)fall by $0.