Question: need help with this question. can't seem to find the answer. thank you. $12,000 G $9,500 G Pe $9,000 B C D E Pw $8,000

 need help with this question. can't seem to find the answer.

need help with this question. can't seem to find the answer. thank you.

thank you. $12,000 G $9,500 G Pe $9,000 B C D E

$12,000 G $9,500 G Pe $9,000 B C D E Pw $8,000 A D $7,000 20 40 60 80 NOTES: 1) The numbers/Alphabets refer to specific areas. 2) Quantities are in thousands. A. (30 points) In the above figure, suppose that the vertical axis indicates the price of cars while the horizontal axis indicates the quantity of cars. Suppose also that the price of cars before the tariff was $8,000, which is the world price of a small country. The price of cars went up to $9,000 after a tariff of 12.5%. Based on the information given and the above figure, illustrate the effects of a tariff and numerically calculate the (note: quantities are in thousands); 1. Numerically calculate the Redistribution effect (i.e. the consumer surplus transferred to domestic producers) of the tariff and indicate its area of location in the figure

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