Tariffs result in a decrease in consumer surplus because: Select one: a. the price and the quantity consumed of the protected good increases. b. the price and the quantity consumed of the protected good decreases. c. the price of the protected good increases and quantity consumed decreases. d. the price of the protected good decreases and quantity consumed increases
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Home » Business » Tariffs result in a decrease in consumer surplus because: Select one: a. the price and the quantity consumed of the protected good increases. b. the price and the quantity consumed of the protected good decreases. c.