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Refer to the Accompanying Graph, Where Sd and Dd Are

Question 165

Multiple Choice

Refer to the accompanying graph, where S<sub>d</sub> and D<sub>d</sub> are the domestic supply and demand curves for a product. The world price of the product is $6. If the market is open to international trade but there is a tariff of $2 per unit imposed, the total government revenue generated by the tariff would be A) $40. B) $60. C) $80. D) $100. Refer to the accompanying graph, where Sd and Dd are the domestic supply and demand curves for a product. The world price of the product is $6. If the market is open to international trade but there is a tariff of $2 per unit imposed, the total government revenue generated by the tariff would be


A) $40.
B) $60.
C) $80.
D) $100.

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