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-The Above Figure Shows the Market for Rice in Japan

Question 89

Multiple Choice

-The above figure shows the market for rice in Japan where price is expressed in dollars.S represents the domestic supply curve,and the horizontal line at P = $1 represents the world supply curve.If a $1 tariff is imposed on imported rice,the loss in social welfare is A) b + c + d + e. B) a. C) i. D) a + c + d + e.
-The above figure shows the market for rice in Japan where price is expressed in dollars.S represents the domestic supply curve,and the horizontal line at P = $1 represents the world supply curve.If a $1 tariff is imposed on imported rice,the loss in social welfare is


A) b + c + d + e.
B) a.
C) i.
D) a + c + d + e.

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