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The Figure Given Below Depicts the Negatively Sloped Demand and Positively

question 94

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The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country. Figure 21.2 The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country. Figure 21.2   - In Figure 21.2,if the world price per bushel of wheat is $25,and a tariff of $10 is imposed,what is the domestic production? A) 300 bushels B) 450 bushels C) 400 bushels D) 150 bushels E) 200 bushels
- In Figure 21.2,if the world price per bushel of wheat is $25,and a tariff of $10 is imposed,what is the domestic production?


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