Which of the Following Statements About a Tariff Is True

Multiple Choice

Which of the following statements about a tariff is true?

A) A tariff increases producer surplus, decreases consumer surplus, increases revenue to the government, and increases total surplus.
B) A tariff increases consumer surplus, decreases producer surplus, increases revenue to the government, and reduces total surplus.
C) A tariff increases producer surplus, decreases consumer surplus, increases revenue to the government, and reduces total surplus.
D) A tariff increases consumer surplus, decreases producer surplus, increases revenue to the government, and increases total surplus.