-Refer to the Diagram Above,where S and D Are the Domestic

question 12

Multiple Choice

-Refer to the diagram above,where S and D are the domestic supply and demand for a product.The world price of the product is $6.What would be the difference in the total revenue received by foreign producers after a quota of 20 units is imposed,compared with the total revenue received by foreign producers when a $4 per unit tariff is paid?

• A) There would be no difference.
• B) There would be $80 more revenue with a quota than with a tariff.
• C) There would be $200 more revenue with a quota than with a tariff.
• D) There would be $120 more revenue with a tariff than with a quota.
• E) There would be $220 more revenue with a tariff than with a quota.

---

Definitions:

Cardiac Output

The volume of blood pumped by the heart per minute.

Bronchial Tubes

The major air passages of the lungs that diverge from the windpipe (trachea), allowing air to be transported into and out of the lungs.

Mineralocorticoid

A type of steroid hormone that plays a crucial role in regulating sodium and potassium levels in the body.

Adrenal Cortex

The outer portion of the adrenal glands that produces steroid hormones such as cortisol and aldosterone.