How much revenue does the government receive with this import tariff?
Note- the amount imported is 80 goods.
Idk how to calculate this
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Step 1A tariff is a tax imposed by a government of a country  on imports or exports of goods.Step 2Since the world price is of 60 . Therefore there is tariff of 20 per units.The tariff revenue collected by government = = Tariff × amount of good imported = 20 × 80 = 1600  ...