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英语翻译接上一篇 Now the government imposes a tariff of 10 percent o
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英语翻译
接上一篇
Now the government imposes a tariff of 10 percent on imported bikes.Figure 7.3 shows the consumers' view of the bicycle market with the tariff.The tariff raises the price that consumers must pay for bikes (both imported and domestically produced) to $330.
By raising the price to $330.The tariff forces consumers who were buying the 1.6 million bikes to make a decision:
●Some will continue to buy bikes,paying $30 more per bike.
●Some will decide that a bike is not worth $330 to them,so they will not buy at the higher price.
In Figure 7.3,quantity demanded falls from D0 to D1,a decrease of 0.2 million bikes.The net loss to consumers is the shaded area a+b+c+d,because consumer surplus declines from triangle FEC to triangle FGH.Area a+b+c+d is the loss of $30 per bike of consumer surplus for those who continue to buy bikes at the higher price.Area d is the loss of consumer surplus for those who stop buying bikes.In our example,the consumer surplus loss is $45 million per year.
What domestic consumers lose from the tariff (here $45 million) is larger than what domestic producers gain ($21 million).The reason is straightforward:Producers gain the price markup on only the domestic output,while consumers are forced to pay the same price markup on both domestic output and imports.Figures 7.2 and 7.3 bring this out clearly for the bicycle example.The tariff brought bicycle producers only area a in gains,but it cost consumers this same area a plus areas b+c+d.As far as the effects on bicycle consumers and bicycle producers alone are concerned,the tariff is definitely a net loss.
英语翻译
接上一篇
Now the government imposes a tariff of 10 percent on imported bikes.Figure 7.3 shows the consumers' view of the bicycle market with the tariff.The tariff raises the price that consumers must pay for bikes (both imported and domestically produced) to $330.
By raising the price to $330.The tariff forces consumers who were buying the 1.6 million bikes to make a decision:
●Some will continue to buy bikes,paying $30 more per bike.
●Some will decide that a bike is not worth $330 to them,so they will not buy at the higher price.
In Figure 7.3,quantity demanded falls from D0 to D1,a decrease of 0.2 million bikes.The net loss to consumers is the shaded area a+b+c+d,because consumer surplus declines from triangle FEC to triangle FGH.Area a+b+c+d is the loss of $30 per bike of consumer surplus for those who continue to buy bikes at the higher price.Area d is the loss of consumer surplus for those who stop buying bikes.In our example,the consumer surplus loss is $45 million per year.
What domestic consumers lose from the tariff (here $45 million) is larger than what domestic producers gain ($21 million).The reason is straightforward:Producers gain the price markup on only the domestic output,while consumers are forced to pay the same price markup on both domestic output and imports.Figures 7.2 and 7.3 bring this out clearly for the bicycle example.The tariff brought bicycle producers only area a in gains,but it cost consumers this same area a plus areas b+c+d.As far as the effects on bicycle consumers and bicycle producers alone are concerned,the tariff is definitely a net loss.
接上一篇
Now the government imposes a tariff of 10 percent on imported bikes.Figure 7.3 shows the consumers' view of the bicycle market with the tariff.The tariff raises the price that consumers must pay for bikes (both imported and domestically produced) to $330.
By raising the price to $330.The tariff forces consumers who were buying the 1.6 million bikes to make a decision:
●Some will continue to buy bikes,paying $30 more per bike.
●Some will decide that a bike is not worth $330 to them,so they will not buy at the higher price.
In Figure 7.3,quantity demanded falls from D0 to D1,a decrease of 0.2 million bikes.The net loss to consumers is the shaded area a+b+c+d,because consumer surplus declines from triangle FEC to triangle FGH.Area a+b+c+d is the loss of $30 per bike of consumer surplus for those who continue to buy bikes at the higher price.Area d is the loss of consumer surplus for those who stop buying bikes.In our example,the consumer surplus loss is $45 million per year.
What domestic consumers lose from the tariff (here $45 million) is larger than what domestic producers gain ($21 million).The reason is straightforward:Producers gain the price markup on only the domestic output,while consumers are forced to pay the same price markup on both domestic output and imports.Figures 7.2 and 7.3 bring this out clearly for the bicycle example.The tariff brought bicycle producers only area a in gains,but it cost consumers this same area a plus areas b+c+d.As far as the effects on bicycle consumers and bicycle producers alone are concerned,the tariff is definitely a net loss.
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