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    Principles of Microeconomics Study Set 4
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    Table 1314 Shows the Output of Kumquats Per Month
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Table 1314 Shows the Output of Kumquats Per Month

Question 40

Question 40

Essay

Table 13.14 shows the output of kumquats per month.
Table 13.14 shows the output of kumquats per month.    -Explain why consumers lose and producers win if a tariff is imposed.
-Explain why consumers lose and producers win if a tariff is imposed.

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Consumers lose because a tarif...

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