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Figure 9-22 The Following Diagram Shows the Domestic Demand and Domestic Supply

Question 3

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Figure 9-22
The following diagram shows the domestic demand and domestic supply in a market.In addition,assume that the world price in this market is $40 per unit. Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market.In addition,assume that the world price in this market is $40 per unit. -Refer to Figure 9-22.Suppose the government imposes a tariff of $20 per unit.With trade and a tariff,consumer surplus is A) $75,000 and producer surplus is $27,000. B) $63,000 and producer surplus is $12,000. C) $75,000 and producer surplus is $12,000. D) $63,000 and producer surplus is $27,000.
-Refer to Figure 9-22.Suppose the government imposes a tariff of $20 per unit.With trade and a tariff,consumer surplus is


A) $75,000 and producer surplus is $27,000.
B) $63,000 and producer surplus is $12,000.
C) $75,000 and producer surplus is $12,000.
D) $63,000 and producer surplus is $27,000.

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