Suppose the market supply curve with no quota is qno quota


Suppose the market supply curve with no quota is QNo Quota = +1.00p and the market supply with a quota is QQuota = 2.0 +0.75p. At what price and output level does the quota become binding? Price =$ (enter your response as a whole number).

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Macroeconomics: Suppose the market supply curve with no quota is qno quota
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