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The Following Graph Depicts the Market for a Particular Good

Question 53

Multiple Choice

The following graph depicts the market for a particular good in Dorne.Dorne was importing the good under free trade and then decided to impose a tariff.Use the graph to answer the following questions:
The following graph depicts the market for a particular good in Dorne.Dorne was importing the good under free trade and then decided to impose a tariff.Use the graph to answer the following questions: -What is the value of the tariff? A) 2 percent B) $5 C) $2 D) $3 E) 25 percent
-What is the value of the tariff?


A) 2 percent
B) $5
C) $2
D) $3
E) 25 percent

Correct Answer:

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