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-(Figure: The Market for Laptops) Use Figure: The Market for Laptops.Assume that S and D are the domestic supply and demand curves and the world price is P_W.Identify the area of government tax revenue when a tariff raises the domestic price from the world price to P_T.

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-(Figure: The Market for Laptops) Use Figure: The Market for Laptops.Assume that S and D are the domestic supply and demand curves and the world price is P_W.Identify the area of government tax revenue when a tariff raises the domestic price from the world price to P_T.

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The Answer of Use the following to answer question: -(Figure: The Market for Laptops)Use Figure: The Market for Laptops.Assume that S and D are the domestic supply and demand curves and the world price is P_W.Identify the area of government tax revenue when a tariff raises the domestic price from the world price to P_T.

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