Multiple Choice
-Refer to the diagram above,where S and D are the domestic supply and demand curves for a product.The world price of the product is $6.If the market is open to international trade but there is a tariff of $2 per unit imposed,the total revenue generated by the tariff would be
A) $40.
B) $60.
C) $80.
D) $100.
E) $120.
Correct Answer:

Verified
Correct Answer:
Verified
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