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4 years ago

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Tea from Britain costs $2.50 to produce. It is sold in America at a price of $3.50 (to make a profit of $1.00) Tea in America co

sts $3.00 to produce. It is sold at a price of $4.00 (to make a profit of $1.00) If there is a 50% Tariff on tea, who would you buy your tea from?

1 answer:

jok3333 [9.3K]4 years ago

7 0

Answer:

I would buy my tea from Britain.

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Step-by-step explanation:

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