-The above figure shows the market for rice in Japan.SDₒmₑstᵢc represents the domestic supply curve,and Swₒᵣld represents the world supply curve.An import quota of 35 units would
A) cause consumer surplus to fall by "g."
B) cause social welfare to fall by $35.
C) increase domestic producer surplus by "g."
D) have no effect.

Question

-The above figure shows the market for rice in Japan.SDₒmₑstᵢc represents the domestic supply curve,and Swₒᵣld represents the world supply curve.An import quota of 35 units would
A) cause consumer surplus to fall by "g." 
B) cause social welfare to fall by $35. 
C) increase domestic producer surplus by "g." 
D) have no effect.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the market for rice in Japan.SDₒmₑstᵢc represents the domestic supply curve,and Swₒᵣld represents the world supply curve.An import quota of 35 units would
A) cause consumer surplus to fall by "g." 
B) cause social welfare to fall by $35. 
C) increase domestic producer surplus by "g." 
D) have no effect.

-The Above Figure Shows the Market for Rice in Japan