EBK FOUNDATIONS OF ECONOMICS
EBK FOUNDATIONS OF ECONOMICS
8th Edition
ISBN: 8220103632225
Author: PARKIN
Publisher: PEARSON
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Chapter 11, Problem 4IAPA
To determine

Whether the use of Appalachian Trail is more efficient if hikers are required to pay a fee for its use.

To ascertain whether it would be efficient if the more popular spot such as Annapolis Rock had higher priced access.

To provide reason for the lack of market solutions for the problem of Tragedy of Commons.

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I need help figuring this out. I'm pretty sure this is correct?If Zambia is open to international trade in oranges without any restrictions, it will import 180 tons of oranges.I can't figure these two out: 1) Suppose the Zambian government wants to reduce imports to exactly 60 tons of oranges to help domestic producers. A tariff of ???? per ton will achieve this.   2) A tariff set at this level would raise ????in revenue for the Zambian government.
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