Page 1 of 1
12 11 10 9 8 7 6 5 4 3 A C OO Di B Domestic supply World price+tanff World price Domestic demand 1 2 3 4 5 6 7 8 9 10 11
Posted: Wed Jul 06, 2022 6:19 pm
by answerhappygod
- 12 11 10 9 8 7 6 5 4 3 A C Oo Di B Domestic Supply World Price Tanff World Price Domestic Demand 1 2 3 4 5 6 7 8 9 10 11 1 (19.13 KiB) Viewed 14 times
12 11 10 9 8 7 6 5 4 3 A C OO Di B Domestic supply World price+tanff World price Domestic demand 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Q Refer to the above graph which shows a tariff being added to a market. In this graph, Q represents quantity and P represents price. With trade and without a tariff, the price and domestic quantity demanded are $4 and 3.5 units. $3 and 8 units. $4 and 6.5 units. $3 and 2 units.