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7/20/2017 11:13 AM Exhibit 34-11

Question 44

Multiple Choice

7/20/2017 11:13 AM
Exhibit 34-11
7/20/2017 11:13 AM Exhibit 34-11 -Refer to Exhibit 34-11.P<sub>W</sub> is the price that exists in the market before a tariff is imposed and P<sub>W + T</sub> is the price that exists in the market after a tariff is imposed.Tariff revenues equal the area A) DBCG. B) EBCF. C) CFG. D) BCGE. E) DBCF.
-Refer to Exhibit 34-11.PW is the price that exists in the market before a tariff is imposed and PW + T is the price that exists in the market after a tariff is imposed.Tariff revenues equal the area


A) DBCG.
B) EBCF.
C) CFG.
D) BCGE.
E) DBCF.

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