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Author Question: -3 Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure ... (Read 151 times)

Bernana

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on: Mar 16, 2019

Figure 7-3








Since 1953 the United States has imposed a quota to limit the imports of peanuts. Figure 7-3 illustrates the impact of the quota.  






Refer to Figure 7-3. With a quota in place, what is the quantity consumed in the domestic market and what portion of this is supplied by imports?


◦ Domestic consumption equals 28 million pounds of which 18 million pounds are imports.
◦ Domestic consumption equals 40 million pounds of which 22 million pounds are imports.
◦ Domestic consumption equals 34 million pounds of which 16 million pounds are imports.
◦ Domestic consumption equals 34 million pounds of which 18 million pounds are imports.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by Bernana on Mar 16, 2019

prumorgan

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Bernana

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Reply #2 on: Mar 16, 2019
TY


prumorgan

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Reply #3 on: Mar 16, 2019
You're welcome


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