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Question 23 (4 points) Price of Wagons $18.5 Domestic Supply 8 - World 5 Price Domestic Demand 70 90 Quantity of Wagons Refer to the

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Question 23 (4 points) Price of Wagons $18.5 Domestic Supply 8 - World 5 Price Domestic Demand 70 90 Quantity of Wagons Refer to the figure above. If this country allows free trade in wagons, how much will consumers gain or lose? gain by $120 gain by $240 lose by $240 lose by $75Question 25 (4 points) ~ Saved Price of Carnations $14 . Domestic Supply 12 10 8 6 2 World Price Domestic Demand 15 Camations (In dozens) Refer to the figure above. What is the amount of deadweight loss caused by the tariff? 18 $400 $200 21 $100 24 $500

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