Multiple Choice
Figure 9-24
The following diagram shows the domestic demand and supply in a market. Assume that the world price in this market is $20 per unit.
-Refer to Figure 9-24. Suppose the government imposes a tariff of $10 per unit. The deadweight loss caused by the tariff is
A) $25.
B) $50.
C) $75.
D)
D) $100.
Correct Answer:

Verified
Correct Answer:
Verified
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