* The domestic demand curve for good A in a small nation is Qd = 200 - 2P, and the domestic supply curve is Qs = 2P. Cal
Posted: Sun Jun 05, 2022 4:45 pm
Calculate the consumer surplus RM1,500 RM1,000 RM150 RM100 RM250 RM2,500 RM3,000 Other: Calculate the producer surplus RM1,500 RM1,000 RM150 RM100 RM250 RM2,500 RM3,000 Other:
If the country opens up its economy to trade and imports each unit of good A for RM10, calculate how many units of good A will be imported by the country? 50 30 60 100 120 160 80 Other: Calculate the domestic quantity supplied after trade 10 20 30 40 50 60 5 Other:
Calculate the domestic quantity demanded after trade 90 120 140 160 180 200 220 Other: If the government limits the number of imports to 100 units of good A, calculate the new price 10 15 20 25 30 35 40 45 50 Other:
Calculate the new domestic quantity supplied after the quota 20 25 50 55 10 15 Other: Calculate the new domestic quantity demanded after the quota. 50 100 150 180 200 220 250 Other: