A small nation is unable to affect world price it imports
A small nation is unable to affect world price. It imports peanuts at the price of $10 per bag. The deman curve is D=400-10P and the supply curve is S=50+5 P.
1. Calculate and graph the effects of an import subsidy of $4 pe unit.
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a small nation is unable to affect world price it imports peanuts at the price of 10 per bag the deman curve is
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