The Figure Given Below Depicts the Negatively Sloped Demand and Positively

question 44

Multiple Choice

The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country. Figure 21.2 According to Figure 21.2, if the world price of wheat is $25 and a tariff of $10 is imposed by the domestic government, the total tariff revenue collected by the government is:

• A)$4, 000.
• B)$0.
• C)$5, 000.
• D)$2, 000.
• E)$1, 000.

---

Definitions:

Moral Decision Making

The process of making choices that are consistent with one's ethical principles and values.

Empathy

The ability to understand and share the feelings of another, putting oneself in another's shoes.

Compassion

A deep awareness of and sympathy for another's suffering, combined with a desire to alleviate that suffering.

Kohlberg

A psychologist known for his theory on the stages of moral development, which proposes that individuals progress through a series of ethical reasoning levels as they age.