Multiple Choice
Exhibit 34-11 
Refer to Exhibit 34-11. PW is the price that exists in the market before a tariff is imposed and PW + T is the price that exists in the market after a tariff is imposed. Tariff revenues equal the area
A) DBCG.
B) EBCF.
C) CFG.
D) BCGE.
E) DBCF.
Correct Answer:
Verified
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