The graph shown demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good. 
If this economy decides to impose a $10 per unit tariff:deadweight loss will be $400.government revenue will be $1,600.producer surplus will increase by $600.
Definitions:
Strike Price
The predetermined price at which the holder of an option can buy (call) or sell (put) the underlying asset, until the option expires.
Call Contract
A financial agreement giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specific price within a specific time period.
Ticker Symbol
A unique series of letters assigned to a security for trading purposes.
CBOE Option Contract
A contract that gives the holder the right to buy or sell a specific quantity of a security at a specified price on or before a certain date, traded on the Chicago Board Options Exchange.
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