The following graph shows the supply of and demand for baseballs in the United States. If the world price is $3 per baseball and a tariff of $1 per baseball is imposed, then the tariff revenue collected by the United States government is shown by the area _____.
Figure 19.3

Question

The following graph shows the supply of and demand for baseballs in the United States. If the world price is $3 per baseball and a tariff of $1 per baseball is imposed, then the tariff revenue collected by the United States government is shown by the area _____. ​
Figure 19.3
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Quizplus · Accepted Answer

The Answer of The following graph shows the supply of and demand for baseballs in the United States. If the world price is $3 per baseball and a tariff of $1 per baseball is imposed, then the tariff revenue collected by the United States government is shown by the area _____. ​
Figure 19.3
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The Following Graph Shows the Supply of and Demand for Baseballs