Questions 11-14 refer to the following figure of a tariff on t-shirts by a large country. P DOMESTIC PRICE OLD WORLD PRICE NEW WORLD PRICE D 14 G ( THOUSANDS ) 11) How many t-shirts will be imported from abroad after the tariff is imposed? a) 4,000 b) 6,000 c) 8,000 d) 12,000 12) How much revenue will the tariff generate? a) $4,000 b) $8,000 c) $12,000 d) $16,000 13) What is the amount of consumer surplus for domestic t-shirt companies after the tariff is imposed? a) $36,000 b) $49,000 c) $64,000 d) $72,000 14) The tariff on t-shirts caused aggregate economic well-being in the country to by a) rise; $2,000 b) fall; $1,000 c) fall; $3,000 d) fall; $7,000