-Refer to the Diagram Above

question 75

Multiple Choice

-Refer to the diagram above.If this country imposes a tariff equal to $5 per pair of shoes,then the price is ____________________ per pair,the quantity consumed domestically is ____________________ pairs per year,and total economic surplus is ____________________ per year.

• A) $20;1500;$20,000
• B) $15;1000;$20,000
• C) $15;1250;$21,250
• D) $15;1500;$25,000
• E) $10;1500;$25,000

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