Multiple Choice
-The above figure shows the U.S.market for replacement cell phone batteries.Area B + area D is the
A) tariff revenue.
B) decrease in consumer surplus due to the tariff.
C) deadweight loss from tariff.
D) increase in producer surplus due to the tariff.
E) gain in total surplus due to the tariff.
Correct Answer:

Verified
Correct Answer:
Verified
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