if-a-country-imports-500-units-of-a-product-and-imposes-a-tariff-of-8-per-unit-w

Question

If a country imports 500 units of a product and imposes a tariff of $8 per unit, what is the total government revenue from the tariff?

Accepted Answer

$4,000

Answer

$40,000

Answer

$500

Answer

$8,000

If a country imports 500 units of a product and imposes a tariff of \$8 per unit, what is the total government revenue from the tariff?