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thallium81 thallium81
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A year ago
Import Quotas vs. Tariffs

The graph shows the effect of imposing a tariff on the market for oil.

If P1=$77, Ptariff=$82, Q1=37, Q2=38, Q3=39, and Q4=44, how much is imported from abroad before the tariff is implemented and after the tariff is in place?

▸ 7, 1

▸ 6 , 1

▸ 1, 2

▸ 7, 6
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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alexisgardner09alexisgardner09
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A year ago
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thallium81 Author
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A year ago
Good timing, thanks!
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Yesterday
Thanks for your help!!
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2 hours ago
Thanks
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