Exhibit 19-10 
-In Exhibit 19-10 the domestic demand for sugar is represented by D and the domestic supply is represented by S and the world price of sugar is $.13 per pound with a domestic tariff of $.02 per pound of sugar. This tariff will increase producer surplus by
A) $50,000
B) $170,000
C) $230,000
D) $300,000
E) $360,000
Correct Answer:
Verified
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