[Solved] Figure 9-22

Question 319
Multiple Choice

Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In addition, assume that the world price in this market is $40 per unit. img -Refer to Figure 9-22. Suppose the government imposes a tariff of $20 per unit. The deadweight loss caused by the tariff is

A) $6,000.
B) $9,000.
C) $12,000.
D) $15,000.

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