Figure 9-15 -Refer to Figure 9-15.For the Saddle Market,area E Represents

Multiple Choice

Figure 9-15
-Refer to Figure 9-15.For the saddle market,area E represents

A) government's revenue from the tariff.
B) producer surplus after the tariff becomes effective.
C) the decrease in consumer surplus,relative to the free-trade situation,as a result of the tariff.
D) the decrease in total surplus,relative to the free-trade situation,as a result of the tariff.