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biancawoods biancawoods
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A month ago

If, at the world price, domestic producers are producing and selling 100 units of a good, then at the world price plus tariff it follows that



▸

they will be producing and selling more than 100 units of the good.



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they will be producing and selling fewer than 100 units of the good.



▸

producers' surplus will be less than what it is when domestic producers produce and sell 100 units.



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consumers' surplus will be greater than what it is when domestic producers produce and sell 100 units.



▸

c and d

Textbook 
Economics

Economics


Edition: 12th
Author:
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illusionldillusionld
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A month ago
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they will be producing and selling more than 100 units of the good.
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biancawoods Author
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A month ago
Brilliant ツ
Jadakiss
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Yesterday
Thanks
Natalie Price
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2 hours ago
Smart ... Thanks!
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