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The market for USB flash drives in Country:r C is perfectly competitive and is in equilibrium. Domestic demand is given lav = 300 4P

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The market for USB flash drives in Country:r C is perfectly competitive and is in equilibrium. Domestic demand is given lav \" = 300 4P and domestic Supply is given by of = 2P. The world price for flash drives is $20. The government of country (3 imposes a tariff of $20 on all imported flash drives. Before the tariff was imposed. country C: imported Mme. flash drives. After the tariff is imposed. country I: now imports Mn, flash drives. The imposition of the tariff causes a change in Producers\" Surplus (PS). What is the dollar value of this change? Question 3 options: r' ' 1} Producers' Surplus increases by $1200 I\": 2 . J Producers' Surplus increases hv $1500 f1 . 3} Producers' Surplus increases hv $300 (\"I ' 4} Producers' Surplus decreases by $000 r: Producers' Surplus decreases by $1200 5]

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