Given the information in the table shown, what is the total revenue when 23 units are produced?

U.S. firms can produce and sell electric fans for $25. The United States can also import electric fans from China at $40 each and from Canada at $45 each. Electric fans made in the United States, China, and Canada are identical. Currently, the United States imposes a 30% tariff on imported electric fans. For the United States, are there trade diversion losses, trade creation gains, or both as a result of the formation of NAFTA?

a. There are only trade diversions losses b. There are only trade creation gains. c. There are neither trade creation gains nor trade diversion losses. d. There are both trade creation gains and trade diversion losses.

In order to determine personal income, what adjustments have to be made to national income?

A) subtract undistributed corporate profits, corporate income tax, social security taxes, and then add government transfers and private interest payments B) subtract undistributed corporate profits, social security taxes, government transfers, and then add private interest payments C) subtract undistributed corporate profits, corporate consumption allowance, corporate income tax, social security tax and then add government transfers and private interest payments D) subtract corporate income tax and social security taxes and then add corporate dividends, government transfers, and private interest payments