Use the following to answer question :
Figure: The Market for Digital Cameras with Tariff
-(Figure: The Market for Digital Cameras with Tariff) Look at the figure The Market for Digital Cameras with Tariff. The domestic price is P_A and the world price is P_W. The government decides to impose a tariff on each imported digital camera, and the new price is P_t. 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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Use the following to answer question :
Figure: The Market for Digital Cameras with Tariff

-(Figure: The Market for Digital Cameras with Tariff) Look at the figure The Market for Digital Cameras with Tariff. The domestic price is P_A and the world price is P_W. The government decides to impose a tariff on each imported digital camera, and the new price is P_t. 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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The Answer of Use the following to answer question : Figure: The Market for Digital Cameras with Tariff -(Figure: The Market for Digital Cameras with Tariff) Look at the figure The Market for Digital Cameras with Tariff. The domestic price is P_A and the world price is P_W. The government decides to impose a tariff on each imported digital camera, and the new price is P_t. 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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