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    Exam 8: Import Tariffs and Quotas Under Perfect Competition
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    (Figure: Consumer Surplus) by How Much Will Consumer Surplus Increase
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(Figure: Consumer Surplus) by How Much Will Consumer Surplus Increase

Question 102

Question 102

Multiple Choice

(Figure: Consumer Surplus) By how much will consumer surplus increase if the price of the product decreases to $10? (Figure: Consumer Surplus)  By how much will consumer surplus increase if the price of the product decreases to $10?   A)  $441. B)  $256. C)  $185. D)  $160.


A) $441.
B) $256.
C) $185.
D) $160.

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