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Which of the following is a decision a firm would make in the short run?
Producer Surplus
The discrepancy between what producers anticipate accepting for a good or service and what they end up being paid.
Imported Units
Refer to products or goods brought into a country from another for sale or use.
Total Surplus
The combined total of consumer and producer surplus, signifying the overall net advantage to society derived from a market transaction.
Tariff Revenue
Income that a government earns from imposing tariffs on imported goods.
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