-The Above Figure Shows the U

question 214

Multiple Choice

-The above figure shows the U.S.market for replacement cell phone batteries.Area B + area D is the

• A) tariff revenue.
• B) decrease in consumer surplus due to the tariff.
• C) deadweight loss from tariff.
• D) increase in producer surplus due to the tariff.
• E) gain in total surplus due to the tariff.