The figure given below shows the market for shoes in the U.S. The domestic price line with tariff lies above the international price line. D_d and S_d are the domestic demand and supply curves of shoes respectively. The tariff revenue of the U.S. government is shown by area _____. A)a B)(a + b) C)c D)(b + c + d)

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The Answer of The figure given below shows the market for shoes in the U.S. The domestic price line with tariff lies above the international price line. D_d and S_d are the domestic demand and supply curves of shoes respectively. The tariff revenue of the U.S. government is shown by area _____. A)a B)(a + b) C)c D)(b + c + d)

The Figure Given Below Shows the Market for Shoes in the U.S