Refer to the diagram, where $S _ { d }$ and
$D _ { d }$ are the domestic supply and demand for a product and
$P _ { C }$ is
The world price of that product. With a per-unit tariff in the amount
$P _ { c } P _ { t }$ , price and total quantity sold
Will be

Question

Quizplus · Accepted Answer

With a per-unit tariff, the domestic price will increase to $P _ { t } = P _ { c } + P _ { t }$. This will result in domestic producers increasing their supply to $S _ { t }$ and domestic consumers reducing their demand to $D _ { t }$. The difference between these two quantities is the quantity that is sold domestically, which is $y$ in the diagram. Thus, the price will be $P _ { t }$ and the total quantity sold will be $y$.

Refer to the Diagram, Where SdS _ { d }Sd​ And DdD _ { d }Dd​

Refer to the Diagram, Where $S _ { d }$ And $D _ { d }$