The Figure Given Below Depicts the Negatively Sloped Demand and Positively

question 21

Multiple Choice

The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country. Figure 35.2 According to Figure 35.2, if the world price of wheat is $25 and a tariff of $25 is imposed by the domestic government, the total tariff revenue collected by the government is:

• A)$2, 000.
• B)$0.
• C)$200.
• D)$100.
• E)$4, 000

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Definitions:

Vein

A blood vessel that carries blood toward the heart.

Automated External Defibrillator

A portable device that delivers an electric shock through the chest to the heart to stop an irregular heart rhythm and allow a normal rhythm to resume during sudden cardiac arrest.

Abbreviation

A pared-down form of a word or phrase.

Cardiovascular Disease

A general term for conditions affecting the heart and blood vessels, such as coronary artery disease, heart failure, or hypertension.