Figure 9-17
-Refer to Figure 9-17.When the country moves from free trade to trade and a tariff,consumer surplus
A)decreases by $576 and producer surplus does not change.
B)decreases by $576 and producer surplus increases by $192.
C)decreases by $792 and producer surplus does not change.
D)decreases by $792 and producer surplus increases by $192.

Question

Figure 9-17 
-Refer to Figure 9-17.When the country moves from free trade to trade and a tariff,consumer surplus
A)decreases by $576 and producer surplus does not change. 
B)decreases by $576 and producer surplus increases by $192. 
C)decreases by $792 and producer surplus does not change. 
D)decreases by $792 and producer surplus increases by $192.

Quizplus · Accepted Answer

The Answer of Figure 9-17 
-Refer to Figure 9-17.When the country moves from free trade to trade and a tariff,consumer surplus
A)decreases by $576 and producer surplus does not change. 
B)decreases by $576 and producer surplus increases by $192. 
C)decreases by $792 and producer surplus does not change. 
D)decreases by $792 and producer surplus increases by $192.

Figure 9-17 -Refer to Figure 9-17.When the Country Moves from Free Trade