Figure 4.1 illustrates the demand and supply schedules for pocket calculators in Mexico, a "small" nation that is unable to affect the world price.
Figure 4.1. Import Tariff Levied by a "Small" Country
-According to Figure 4.1, the deadweight cost of the tariff totals
A) $60.
B) $70.
C) $80.
D) $90.

Question

Figure 4.1 illustrates the demand and supply schedules for pocket calculators in Mexico, a "small" nation that is unable to affect the world price.
Figure 4.1. Import Tariff Levied by a "Small" Country 
-According to Figure 4.1, the deadweight cost of the tariff totals
A) $60. 
B) $70. 
C) $80. 
D) $90.

Quizplus · Accepted Answer

The Answer of Figure 4.1 illustrates the demand and supply schedules for pocket calculators in Mexico, a "small" nation that is unable to affect the world price.
Figure 4.1. Import Tariff Levied by a "Small" Country 
-According to Figure 4.1, the deadweight cost of the tariff totals
A) $60. 
B) $70. 
C) $80. 
D) $90.

Figure 41 Illustrates the Demand and Supply Schedules for Pocket Calculators