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Suppose the U

Question 282

Multiple Choice

Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 9-5 shows the impact of this tariff. -Refer to Figure 9-5.The loss in domestic consumer surplus as a result of the tariff is equal to A) $5 million. B) $19.875 million. C) $24.875 million. D) $31.125 million. Suppose the U.S.government imposes a $0.75 per pound tariff on coffee imports.Figure 9-5 shows the impact of this tariff.
-Refer to Figure 9-5.The loss in domestic consumer surplus as a result of the tariff is equal to


A) $5 million.
B) $19.875 million.
C) $24.875 million.
D) $31.125 million.

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