Microeconomics: Principles for a Changing World
Microeconomics: Principles for a Changing World
4th Edition
ISBN: 9781464186677
Author: Eric Chiang
Publisher: Worth Publishers
Question
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Chapter 16, Problem 16QP

(a)

To determine

The importing percent of flash drives on the total sales of the United States.

(b)

To determine

The import of flash drives at per unit tariff of $5.

(c)

To determine

The amount of revenue that can be collected by the government at $15.

(d)

To determine

The amount of sales revenue that can be earned by the domestic companies as a result of the tariff.

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