The Following Graph Shows the Supply of and Demand for Baseballs

question 108

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 _____. ​
Figure 19.3
​

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

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Definitions:

Cerebral Cortex

The outer layer of the brain, involved in complex cognitive processes such as thought, memory, and decision-making.

Lobes

Divisions of the brain's cerebral cortex, including the frontal, parietal, occipital, and temporal lobes, each associated with different functions.

Roles

The behaviors, obligations, and privileges attached to a social status.

Nervous System

The complex network of nerves and cells that transmits signals between different parts of the body, coordinating its actions and sensory information.