Question 20N.3.HL.TZ0.3e.ii
| Date | November 2020 | Marks available | [Maximum mark: 2] | Reference code | 20N.3.HL.TZ0.3e.ii |
| Level | HL | Paper | 3 | Time zone | TZ0 |
| Command term | Calculate | Question number | e.ii | Adapted from | N/A |
Country B imposes a tariff on rice imports, which is illustrated on Figure 7.
Using Figure 7, calculate the revenue received by the government as a result of the imposition of the tariff in Country B.
[2]
1.5 (6.5 − 3.75)
Any valid working is sufficient for [1].
= $4.125 million OR $4.13 million
NB Either answer is acceptable for [1].
An answer of 4.125 or 4.13 without workings is sufficient for [1].
For full marks to be awarded, the response must provide valid working with correct units. However, superfluous units may be ignored.
A number of candidates were not able to read accurately from the graph and hence produced inaccurate calculations. In particular, the quantity of imports (6.5 − 3.75) was often incorrect. However, the majority of candidates earned full marks.
