Figure 17-13
-In Figure 17-13, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, which area represents the United States' net loss as a result of the tariff?
A) a + b + c + e
B) b + c + e
C) b + c
D) c + e
E) b + f

Question

Figure 17-13 
-In Figure 17-13, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, which area represents the United States' net loss as a result of the tariff?
A) a + b + c + e 
B) b + c + e 
C) b + c 
D) c + e 
E) b + f

Quizplus · Accepted Answer

The Answer of Figure 17-13 
-In Figure 17-13, if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, which area represents the United States' net loss as a result of the tariff?
A) a + b + c + e 
B) b + c + e 
C) b + c 
D) c + e 
E) b + f

Figure 17-13 -In Figure 17-13, If the World Price of a Baseball