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Title: Suppose a market is supplied by domestic producers and and an international supply. The domestic ...
Post by: djsmyers on Nov 12, 2017
Suppose a market is supplied by domestic producers and and an international supply. The domestic (inverse) supply curve is given by the p = 5 + 2Q, and the foreign supply curve is given by p = 15. Draw the total supply curve. On a second graph, draw the total supply curve if the government imposes a quota of 10 on foreign supply.


Title: Re: Suppose a market is supplied by domestic producers and and an international supply. The domestic ...
Post by: unExpected on Nov 12, 2017
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