Multiple Choice
Use the following to answer questions:
Figure: Shirts
-(Figure: Shirts) Refer to the figure. If a tariff raised the world price to $4 a shirt, how much consumer surplus would be lost?
A) $5,000,000
B) $10,000,000
C) $85,000,000
D) $30,000,000
Correct Answer:

Verified
Correct Answer:
Verified
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