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Figure 41 Illustrates the Demand and Supply Schedules for Pocket Calculators

Question 12

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 -According to Figure 4.1, the deadweight cost of the tariff totals A) $60. B) $70. C) $80. D) $90.
-According to Figure 4.1, the deadweight cost of the tariff totals


A) $60.
B) $70.
C) $80.
D) $90.

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