Figure 9-15
-Refer to Figure 9-15.For the saddle market,area B represents
A)government's revenue from the tariff.
B)the deadweight loss of the tariff.
C)the increase in producer surplus,relative to the free-trade situation,as a result of the tariff.
D)None of the above is correct.

Question

Figure 9-15 
-Refer to Figure 9-15.For the saddle market,area B represents
A)government's revenue from the tariff. 
B)the deadweight loss of the tariff. 
C)the increase in producer surplus,relative to the free-trade situation,as a result of the tariff. 
D)None of the above is correct.

Quizplus · Accepted Answer

The Answer of Figure 9-15 
-Refer to Figure 9-15.For the saddle market,area B represents
A)government's revenue from the tariff. 
B)the deadweight loss of the tariff. 
C)the increase in producer surplus,relative to the free-trade situation,as a result of the tariff. 
D)None of the above is correct.

Figure 9-15 -Refer to Figure 9-15.For the Saddle Market,area B Represents