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(Figure: the Market for 3D Printers with a Tariff) Use

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(Figure: The Market for 3D Printers with a Tariff) Use Figure: The Market for 3D Printers with a Tariff. The domestic price is PA, and the world price is PW. The government decides to impose a tariff on each imported 3D printer, and the new price is Pt. Identify the area corresponding to the tax revenue collected by the government. Identify the area corresponding to the deadweight loss that results from the tariff.
(Figure: The Market for 3D Printers with a Tariff) Use Figure: The Market for 3D Printers with a Tariff. The domestic price is PA, and the world price is PW. The government decides to impose a tariff on each imported 3D printer, and the new price is Pt. Identify the area corresponding to the tax revenue collected by the government. Identify the area corresponding to the deadweight loss that results from the tariff.

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