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A D Question 12 7 pts Quest Question 6 The diagram below gives information about demand and supply for widgets in Econland. Please note that this diagram is also Question 7 oh the graph sheet, If you printed one prior to the test (all supply and demand diagrams are the same on the graph sheet). Time Running Hide 14 Attempt due Mar 72 m 11 Viper 13 1 Hour, 12 Minutes, 44 Bec 12 11 S O-NWAUID NOOO D 0 1 2 3 4 5 6 7 8 9 10 When trade (international trade) is allowed, suppose widgets can be obtained from the "Rest of the World" (the other country) at the world price of $2, and that Econland can import as many units as they want without the world price changing (as was the case in class). Suppose that the government decides to impose a tariff of $1 in this market. What is the producer surplus in the Econland widget market, after this government trade policy is used? O $1.5D Question 11 7 pts @ question 5 7) Question 6 The diagram below gives information about demand and supply for widgets in Econland. Please note that this diagram is also ) Question ? on the graph sheet, if you printed one prior to the test (all supply and demand diagrams are the same on the graph sheet). 14 Time Running Hide Attempt tule Mu 72 at 11:5 13 1 Hour, 12 Minutes, 52 12 11 S O-NWADIONOOOO D 0 1 2 3 4 5 6 7 8 9 10 When trade (international trade) is allowed, suppose widgets can be obtained from the "Rest of the World" (the other country) at the world price of $2, and that Econland can import as many units as they want without the world price changing (as was the case in class). Suppose that the government decides to impose a tariff of $1 in this market. What is the change in consumer surplus in the Econland widget market, after this government trade policy is used? -$25D Question 10 Question 6 The diagram below gives information about demand and supply for widgets in Econland. Please note that this diagram is also Question 7 on the graph sheet, if you printed one prior to the test (all supply and demand diagrams are the same on the graph sheet). Time Running: Hide 14 Attempt due: Mat 23 M 11 13 1 Hour, 13 Minutes, 1 12 11 S $ O -NWADIO VOODOO D 0 1 2 3 4 5 6 7 8 9 10 When free trade (international trade) is allowed, suppose widgets can be obtained from the "Rest of the World" (the other country) at the world price of $1. Also suppose that there is currently no government intervention, and that Econland can import as many units as they want without the world price changing (as was the case in class). How many units will be imported from the Rest of the World? 02