The total amount of revenue collected from $1 per unit tariff on this product will be?

Physics

1 answer:

Rzqust [24]2 years ago

6 0

The total amount of revenue collected from $1 per unit tariff on this product will be $7.

What is revenue from tariffs?

A tax rate known as a revenue tariff is one that is used to obtain direct income from company revenues. The level of prices is significantly impacted by a revenue tariff.

How do tariffs bring in money?

As imports reach the domestic market, the government will earn more money because a tariff is a tax. Since import prices are artificially inflated, domestic sectors also profit from less competition.

Learn more about the Tarrif with the help of the given link:

brainly.com/question/11612474

#SPJ4

I understand that the question you are looking for is "The total amount of revenue collected from a $1-per-unit tariff on this product will be: $22. $14. $8. $7".

You might be interested in

Which of the following statements about the conservation of momentum is not correct? Momentum is conserved for a system of objec

Olin [163]

Answer:

wrong statement : Momentum is not conserved for a system of objects in a head-on collision.

Explanation:

In a head on collision of two objects , two equal and opposite forces are created at the point of collision . These two forces create two impulses in opposite direction which results in equal and opposite changes in momentum in each of them . Hence net change in momentum is zero. In this way momentum is conserved in head on collision of two objects.

3 0

3 years ago

Describe a procedure that would increase the potential energy of two magnets if like poles are used. Explain why the energy of t

zalisa [80]

Answer:

If you apply a force to separate 2 opposite poles, the potential energy of the system increases.

5 0

2 years ago

For you, do exercises boost your confidence? how?

SVETLANKA909090 [29]

Answer:

yes for me