
-The above figure shows the U.S.market for replacement cell phone batteries.Area A + area E is the
A) consumer surplus when there is a tariff.
B) producer surplus when there is a tariff.
C) tariff revenue.
D) increase in producer surplus due to the tariff.
E) gain in total surplus due to the tariff.
Correct Answer:
Verified
Q136: Of the following,who gains because of tariffs
Q137: Q138: If the government decides to impose a Q139: If a tariff is imposed on imports Q140: The imposition of a tariff will typically Q142: If the U.S.government imposes a tariff on![]()
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