In the tariff example of Exhibit, divide the two triangles of deadweight loss into individual rectangles of loss, as in Exhibit.
A Tariff When There Is a Domestic Industry

Deadweight Loss

Give an intuitive explanation of the loss that each of those rectanglesrepresents.

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Price Po $500 Quantity imported Quantity Quantity Table A Table B Before Tariff After Tariff Consumers' SurplusAB Producers' Surplus Social Gain Consumers' Surplus Producers' Surplus Tax Revenue Social Gain Deadweight Loss E+F+G+H+1+ E+ F A+B C E+F+G+H+1+J+K E+F+G + K+I H +J Price Quantity