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Figure 41 Illustrates the Demand and Supply Schedules for Pocket Calculators

Question 26

Multiple Choice

Figure 4.1 illustrates the demand and supply schedules for pocket calculators in Mexico, a "small" nation that is unable to affect the world price.
Figure 4.1. Import Tariff Levied by a "Small" Country Figure 4.1 illustrates the demand and supply schedules for pocket calculators in Mexico, a  small  nation that is unable to affect the world price. Figure 4.1. Import Tariff Levied by a  Small  Country   -Consider Figure 4.1.With free trade, Mexico's producer surplus and consumer surplus respectively equal A)  $5 and $605. B)  $25 and $380. C)  $45 and $250. D)  $85 and $195.
-Consider Figure 4.1.With free trade, Mexico's producer surplus and consumer surplus respectively equal


A) $5 and $605.
B) $25 and $380.
C) $45 and $250.
D) $85 and $195.

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