Figure 9-5 Suppose the U

Multiple Choice

Figure 9-5 Suppose the U.S. government imposes a $0.75 per pound tariff on coffee imports. Figure 9-5 shows the impact of this tariff.
-Refer to Figure 9-5. The loss in domestic consumer surplus as a result of the tariff is equal to

A) $5 million.
B) $14.625 million.
C) $15.75 million.
D) $30.375 million.