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Refer to the Above Diagram, Where Sd and Dd Are

Question 35

Multiple Choice

  Refer to the above diagram, where S<sub>d</sub> and D<sub>d</sub> are the domestic supply and demand for a product and P<sub>c</sub> is the world price of that product.With a P<sub>c</sub>P<sub>t</sub> per unit tariff, per unit revenue received by domestic and foreign producers respectively will be: A) P<sub>c</sub> and P<sub>a</sub>. B) P<sub>a</sub> and P<sub>c</sub>. C) P<sub>a</sub> and P<sub>t</sub>. D) P<sub>t</sub> and P<sub>c</sub>. Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product.With a PcPt per unit tariff, per unit revenue received by domestic and foreign producers respectively will be:


A) Pc and Pa.
B) Pa and Pc.
C) Pa and Pt.
D) Pt and Pc.

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