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-The Above Figure Shows the Market for Rice in Japan

Question 8

Multiple Choice

-The above figure shows the market for rice in Japan.s₂ represents the domestic supply curve,and s₁ represents the world supply curve.A $1 per unit tariff has the same effect on producer and consumer surplus as a quota of A) 10 units. B) 20 units. C) 30 units. D) 40 units.
-The above figure shows the market for rice in Japan.s₂ represents the domestic supply curve,and s₁ represents the world supply curve.A $1 per unit tariff has the same effect on producer and consumer surplus as a quota of


A) 10 units.
B) 20 units.
C) 30 units.
D) 40 units.

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