Refer to the Diagram, Where S_d and D_d Are the Domestic

question 228

Multiple Choice

Refer to the diagram, where S_d and D_d are the domestic supply and demand for a product and P_c is the world price of that product. With a per-unit tariff in the amount P_c Pₜ , price and total quantity sold will be

• A)Pₜ and x.
• B)P_c and z.
• C)Pₜ and y.
• D)Pₐ and x.

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