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Satsume Satsume
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Posts: 761
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6 years ago
The U.S. government currently imposes a $0.54 per gallon tariff on all ethanol imported into the country.  If this tariff were removed, then:
A) the domestic ethanol price falls.
B) the domestic quantity of ethanol supplied declines.
C) domestic consumer surplus increases.
D) domestic producer surplus decreases.
E) all of the above
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 90 times
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Bart_argBart_arg
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6 years ago
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Just got PERFECT on my quiz
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Smart ... Thanks!
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