Use Figure 1 to Answer Questions

question 11

Multiple Choice

Use Figure 1 to answer questions

-In Figure 1,if the free trade price was $10 and a $5 tariff was imposed on the imports,then how much is the gain in producer surplus?

• A)20
• B)40
• C)50
• D)80

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Definitions:

Laughing

A reflexive physical reaction to amusement, producing sounds and movements of the face and body.

Criticism

The expression of disapproval or the identification of faults in someone or something, based on perceived mistakes or weaknesses.

Inattentional Blindness

Failing to see visible objects when our attention is directed elsewhere.

Change Blindness

Failing to notice changes in the environment; a form of inattentional blindness.