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The Figure Given Below Depicts the Negatively Sloped Demand and Positively

question 84

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The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country. Figure 20.2 The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country. Figure 20.2   According to Figure 20.2, 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. According to Figure 20.2, 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:

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