Refer to the Above Diagram, Where S_d and D_d Are

Multiple Choice

Refer to the above diagram, where S_d and D_d are the domestic supply and demand for a product and P_c is the world price of that product.S_d + Q is the product supply curve after an import quota is imposed.A tariff of P_cP_t will:

A) lower domestic price and increase domestic consumption.
B) increase the revenues of domestic producers by areas E + F + K.
C) increase the revenues of domestic producers by areas G + H.
D) increase the revenues of domestic producers by areas E + F + G + H + J.