The figure given below shows the market for computers in the U.S. The domestic price line inclusive of the tariff lies above the international price line. D_d and S_d are the domestic demand and supply curves of computers respectively. The consumption effect of the tariff on computers is worth A)$2 million. B)$4 million. C)$76 million. D)$78 million.

Question

Quizplus · Accepted Answer

The Answer of The figure given below shows the market for computers in the U.S. The domestic price line inclusive of the tariff lies above the international price line. D_d and S_d are the domestic demand and supply curves of computers respectively. The consumption effect of the tariff on computers is worth A)$2 million. B)$4 million. C)$76 million. D)$78 million.

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