The Following Graph Shows the Supply of and Demand for Baseballs

question 50

Multiple Choice

The following graph shows the supply of and demand for baseballs in the United States. If the world price is $3 per baseball and a tariff of $1 per baseball is imposed, then the tariff revenue collected by the United States government is _____.

• A) $4,000
• B) $16,000
• C) $20,000
• D) $24,000
• E) $48,000

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Definitions:

Desmosomes

Specialized cell structures that function in cell adhesion, anchoring cells to each other within tissues.

Peristalsis

The sequential muscular contractions that move food along the digestive tract.

Pupil

The black circular opening in the center of the iris of the eye, which varies in size to regulate the amount of light reaching the retina.

"Goose Bumps"

"Goose bumps" occur when tiny muscles at the base of each hair, known as arrector pili muscles, contract and cause the hair to stand up, a reaction to cold or strong emotions.