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Author Question: Figure 7-1 shows the U.S. demand and supply for leather footwear. Refer to Figure ... (Read 65 times)

strangeaffliction

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Figure 7-1








Figure 7-1 shows the U.S. demand and supply for leather footwear.  






Refer to Figure 7-1. Suppose the government allows imports of leather footwear into the United States. What will the market price be?


◦ > $24
◦ $24
◦ $30
◦ $54


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Marked as best answer by strangeaffliction on Mar 16, 2019

mammy1697

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mammy1697

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