Use the following to answer questions:
Figure: The Market for Melons in Russia 
-(Figure: The Markets for Melons in Russia) Use Figure: The Market for Melons in Russia.Suppose that the world price of melons is D.Russia will _____ of melons.
Definitions:
Quantum Meruit
A legal principle that allows a party to receive a reasonable payment for services provided when no specified compensation is involved.
Past Consideration
Something completed before an agreement is made; it is not valid consideration.
Early Repayment
The act of paying off a loan or mortgage before the agreed-upon due date, often resulting in financial penalties.
Equitable Estoppel
A legal defense tool that prevents a party from taking back a promise or from arguing against facts they previously admitted to, when another party has relied on that promise or those facts.
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