When a 10 Percent Tariff Is Imposed on Commodity X,there

question 13

Short Answer

When a 10 percent tariff is imposed on commodity X,there is a(n)____________ in consumer surplus and a(n)_________ in producer surplus.
A)decrease,increase
B)increase,decrease
C)decrease,decrease
D)increase,increase

• A)decrease,increase
• B)increase,decrease
• C)decrease,decrease
• D)increase,increase

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