The diagram below shows supply and demand curves for bicycles in the domestic Canadian market.Assume that all bicycles are identical. 
FIGURE 33-4
-Refer to Figure 33-4.Suppose the world price of bicycles is $200 and Canada has in place a 50% import tariff on this good.The Canadian government will collect tariff revenue in the amount of ________ per year.
Definitions:
Mixed Strategy Equilibrium
Mixed Strategy Equilibrium is a concept in game theory where each player in a game randomizes over possible moves according to a specific probability distribution, and no player can benefit by changing their strategy unilaterally.
Pure Strategy Equilibria
A situation in game theory where all players have chosen a strategy and have no incentive to change, leading to a stable outcome.
Maximin Strategy
A decision rule used in game theory and decision making to maximize the minimum possible payoff, focusing on minimizing losses in the worst-case scenario.
Dam Fund
A financial pool created to fund the construction, maintenance, or repair of dam infrastructure.
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