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 deadweight loss arising from the tariff is represented by which area?

A) C
B) E
C) C + D + E
D) C + E