Exhibit 18-6

-Refer to Exhibit 18-6. The amount of government revenue from the tariff is equal to area:

Name: Exhibit 18-6 -Refer to Exhibit 18-6. The amount of government revenue from the tariff is equal to area:
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Question

​Exhibit 18-6
​ 
-Refer to Exhibit 18-6. The amount of government revenue from the tariff is equal to area:

Quizplus · Accepted Answer

The government revenue from the tariff is equal to the area of the rectangle labeled "E," as this represents the tariff price multiplied by the quantity of imported goods. The other areas represent producer surplus and consumer surplus.

​Exhibit 18-6 ​

Exhibit 18-6