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Author Question: Refer to Figure 9-5. The loss in domestic consumer surplus as a result of the tariff is equal to ... (Read 102 times)

urbanoutfitters

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on: Jun 29, 2018
Refer to Figure 9-5. The loss in domestic consumer surplus as a result of the tariff is equal to
 
  A) 5 million. B) 19.875 million. C) 24.875 million. D) 31.125 million.

Question 2

Refer to Figure 9-5. The tariff causes domestic consumption of coffee
 
  A) to fall by 7 million pounds. B) to rise by 6 million pounds.
  C) to fall by 27 million pounds. D) to rise by 20 million pounds.


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jgranad15

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


urbanoutfitters

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

irishcancer18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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