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djsmyers djsmyers
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Posts: 764
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6 years ago
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.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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unExpectedunExpected
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6 years ago
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