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-Refer to the Diagram Above,where S and D Are the Domestic

Question 20

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.
-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.

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