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(Ref 16-12 Figure: The Market for Calculators) Use Figure 16-12: The Market for Calculators. Assume that S and D represent the domestic demand and supply

(Ref 16-12 Figure: The Market for Calculators) Use Figure 16-12: The Market for Calculators. Assume thatSandDrepresent the domestic demand and supply of calculators. The world price,PW,equals $100. The government imposes an import tariff of $20 per calculator. Compared with the free trade situation, the tariff leads to a deadweight loss equal to area:

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