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pirex pirex
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7 years ago
The domestic demand curve, domestic supply curve, and world supply curves for a good are given in the above figure. All the curves are linear. Initially, the country allows imports. Then imports are banned. Calculate how consumer and producer surplus change because of the ban. Is the country better off with the ban on imports? Why?
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Microeconomics

Microeconomics


Edition: 6th
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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7 years ago
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pirex Author
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7 years ago
Thanks for your help!!
deathwing
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Yesterday
This site is awesome
djeghri
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2 hours ago
Thanks
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