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-Refer to the Diagram Above,where S and D Are the Domestic

question 97

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  -Refer to the diagram above,where S and D are the domestic supply and demand curves for a product.The world price of the product is $6.If an import quota of 40 units were imposed on the product,then the equilibrium price would be ________ and the equilibrium quantity would be ________. A)  $6;80 units B)  $8;70 units C)  $10;60 units D)  $12;50 units E)  $17;90 units
-Refer to the diagram above,where S and D are the domestic supply and demand curves for a product.The world price of the product is $6.If an import quota of 40 units were imposed on the product,then the equilibrium price would be ________ and the equilibrium quantity would be ________.


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