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Refer to the Diagram, Where Sd and Dd Are the Domestic

Question 155

Multiple Choice

Refer to the diagram, where S<sub>d</sub> and D<sub>d</sub> are the domestic supply and demand for a product and P<sub>c</sub> is the world price of that product. With a per-unit tariff of P<sub>c</sub> Pₜ , the total amount of tariff revenue collected on this product will be A) Pₐ Pₜ × wy. B) P<sub>c</sub> Pₐ × x. C) P<sub>c</sub> Pₜ × wy. D) P<sub>c</sub> Pₜ × z. Refer to the diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product. With a per-unit tariff of Pc Pₜ , the total amount of tariff revenue collected on this product will be


A) Pₐ Pₜ × wy.
B) Pc Pₐ × x.
C) Pc Pₜ × wy.
D) Pc Pₜ × z.

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