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-The Domestic Demand Curve,domestic Supply Curve,and World Supply Curves for a Good

Question 129

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-The domestic demand curve,domestic supply curve,and world supply curves for a good are given in the above figure.All the curves are linear.Initially,the country allows imports.Then it imposes a $25 specific tariff.Calculate the deadweight loss generated by this tariff. A) DWL = $625 B) DWL = $1150 C) DWL = $312.50 D) DWL = $0
-The domestic demand curve,domestic supply curve,and world supply curves for a good are given in the above figure.All the curves are linear.Initially,the country allows imports.Then it imposes a $25 specific tariff.Calculate the deadweight loss generated by this tariff.


A) DWL = $625
B) DWL = $1150
C) DWL = $312.50
D) DWL = $0

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