Scenario: Suppose the World Price Is $2 Per Bushel, and U.S

Multiple Choice

Scenario: Suppose the world price is $2 per bushel, and U.S. wheat growers are dissatisfied with the level of wheat imports into the United States. They lobby Congress for a $1 per bushel tariff on imported wheat. The following figure shows the U.S. wheat market.

-Refer to the scenario above.The tariff revenue collected by the U.S.government is represented by which area in the figure?

A) E
B) D
C) C
D) J