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The Figure Below Illustrates a Tariff

Question 148

Multiple Choice

The figure below illustrates a tariff. On the graph, Q represents quantity and P represents price. Figure 17-11
The figure below illustrates a tariff. On the graph, Q represents quantity and P represents price. Figure 17-11 Refer to Figure 17-11. Government revenue raised by the tariff is represented by the area A) E. B) B + E. C) D + E + F. D) B + D + E + F. Refer to Figure 17-11. Government revenue raised by the tariff is represented by the area


A) E.
B) B + E.
C) D + E + F.
D) B + D + E + F.

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