Multiple Choice
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,total surplus is
A) $96,000.
B) $114,000.
C) $120,000.
D) $126,000.
Correct Answer:

Verified
Correct Answer:
Verified
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