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-The Above Figure Shows the U

Question 5

Multiple Choice

  -The above figure shows the U.S.market for replacement cell phone batteries.Area A + area E is the A)  consumer surplus when there is a tariff. B)  producer surplus when there is a tariff. C)  tariff revenue. D)  increase in producer surplus due to the tariff. E)  gain in total surplus due to the tariff.
-The above figure shows the U.S.market for replacement cell phone batteries.Area A + area E is the


A) consumer surplus when there is a tariff.
B) producer surplus when there is a tariff.
C) tariff revenue.
D) increase in producer surplus due to the tariff.
E) gain in total surplus due to the tariff.

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