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(Figure: The Markets for Melons in Russia II) Look at the figure The Market for Melons in Russia II. Suppose producers lobby effectively for the
(Figure: The Markets for Melons in Russia II) Look at the figure The Market for Melons in Russia II. Suppose producers lobby effectively for the imposition of a tariff that raises the world price from $10 to $15. Tariff revenue to the government will equal:
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