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    Microeconomics Theory and Applications
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    Exam 9: Properties and Applications of the Competitive Model
  5. Question
    -The Above Figure Shows the Market for Rice in Japan
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-The Above Figure Shows the Market for Rice in Japan

Question 43

Question 43

Multiple Choice

  -The above figure shows the market for rice in Japan.SDₒmₑstᵢc represents the domestic supply curve,and Swₒᵣld represents the world supply curve.A $1 per unit tariff has the same effect on producer and consumer surplus as a quota of A)  25 units. B)  30 units. C)  35 units. D)  65 units.
-The above figure shows the market for rice in Japan.SDₒmₑstᵢc represents the domestic supply curve,and Swₒᵣld represents the world supply curve.A $1 per unit tariff has the same effect on producer and consumer surplus as a quota of


A) 25 units.
B) 30 units.
C) 35 units.
D) 65 units.

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