Plz explain all option ......you will not explain all option then I will give you down upvote... The figure provided shows the market for calculators.Price ofcalculators$45403030Sworld price with tariff20105worldpriceD50 100 200 300 400 500 600 700 800 900After the $15 tariff is imposed, producer surplus is:$10,000.$3,000.$6,250.$2,000.Quantity of calculators

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Answered: The figure provided shows the market…

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter4: Demand, Supply, And Market Equilibrium

Section: Chapter Questions

Problem 1P

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QUESTION 3 The U.S. Market for Computers sdamertie pply curre) Domestic price writh tanif Wadd price 2.000 D domestic de mandauve) 200 Quantity (thourande of unta) 100 120 I90 Referring to the above figure, how much revenue will the US government collect as a result of the tariff on computers? a. $168 millisn Ob. $76 million OC $28 million d. $280,000
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S. $24 $15 D Quota 430 620 800 1170 How much is the decrease in consumer's surplus as a result of Quota?
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1. Graph and explain what happens in the market for cirgarettes when taxes go up by $1 2. Graph and explain the impact of a tariff on Japanese cars on the market for Japanese Cars? 2b. What happens in the market for American cars and why do domestic manufacturers like tariffs? 3. What happens in the market for hotel rooms when the government announces that it is safe to travel again?
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Market for Game Consoles 600 Tools 550 500 CS PS 450 400 350 ESeq 300 250 200 150 100 50 D 10 20 30 40 50 60 70 80 90 100110 Quantity a. What is the quantity demanded at $150 per game console? Quantity demanded: 20 game consoles b. What is the quantity supplied at $150 per game console? Quantity supplied:| 80 game consoles c. What is the consumer surplus generated at a price of $150 per game console? Instructions: Use the tool provided "CS" to illustrate this area on the graph. Consumer surplus: $ 30000 d. What is the producer surplus generated at a price of $150 per game console? Instructions: Use the tool provided “PS" to illustrate this area on the graph. Producer surplus: $ 3750 e. What is total economic surplus at a price of $150 per game console? Economic surplus: $ 33750 f. What is the economic surplus generated if the market were in equilibrium? Instructions: Use the tool provided “ESeg" to illustrate this area on the graph. Economic surplus in equilibrium: $ 56250 Price…
If the US government reduces the tariff on imported coffee will this affect the supply or the demand for coffee
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The figure provided shows the market for calculators. Price of calculators $45 40 30 30 S world price with tariff 20 10 5 world price D 50 100 200 300 400 500 600 700 800 900 After the $15 tariff is imposed, producer surplus is: $10,000. $3,000. $6,250. $2,000. Quantity of calculators