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Figure 9-24 the Following Diagram Shows the Domestic Demand and Supply in Supply

Question 41

Multiple Choice

Figure 9-24
The following diagram shows the domestic demand and supply in a market.Assume that the world price in this market is $20 per unit. Figure 9-24 The following diagram shows the domestic demand and supply in a market.Assume that the world price in this market is $20 per unit. -Refer to Figure 9-24.Suppose the government imposes a tariff of $10 per unit.With trade and a tariff,total surplus is A) $750. B) $900. C) $950. D) $1,550.
-Refer to Figure 9-24.Suppose the government imposes a tariff of $10 per unit.With trade and a tariff,total surplus is


A) $750.
B) $900.
C) $950.
D) $1,550.

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