-The Above Figure Shows the U

question 90

Multiple Choice

-The above figure shows the U.S.market for replacement cell phone batteries.Area E is the

• A) producer surplus when there is free trade.
• B) deadweight loss from tariff.
• C) tariff revenue.
• D) increase in producer surplus due to the tariff.
• E) gain in total surplus due to the tariff.

---

Definitions:

Composite Volcano

A volcano composed of layers of hardened lava, tephra, and volcanic ash, typically having a steep profile and explosive eruptions.

Shield Volcano

A broad, domed volcano with gently sloping sides, built by the eruption of fluid basaltic lava.

Fissure

A long, narrow opening or crack, especially one in the ground or in rock formations.

Eruption Column

A rising column of hot gases, tephra, and rock fragments that erupts high into the atmosphere.