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Author Question: The above figure shows the market for rice in Japan. S represents the domestic supply curve, and the ... (Read 331 times)

maychende

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on: Jun 18, 2019
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The above figure shows the market for rice in Japan. S represents the domestic supply curve, and the horizontal line at P =1 represents the world supply curve. If imported rice is banned, the loss in social welfare is
◦ a.
◦ c + e.
◦ a + b + c + d + e.
◦ i.
Microeconomics ¦ Perloff ¦ 8th Edition
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Marked as best answer by maychende on Jun 18, 2019

chjcharjto14

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Reply #1 on: Jun 18, 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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maychende

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Reply #2 on: Jun 18, 2019
Thank you!


chjcharjto14

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Reply #3 on: Jun 18, 2019
Always glad to help...


EY67

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Reply #4 on: Jun 18, 2019
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The above figure shows the market for rice in Japan where price is expressed in dollars. S represents the domestic supply curve, and the horizontal line at P = $1 represents the world supply curve. Currently Q1 units are imported. The Consumption distortion loss is equal to
◦ a + c + d + e.
◦ c + g + i.
◦ c + e.
◦ c.


peilian

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Reply #5 on: Jun 18, 2019
c + g + i.


asan beg

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Reply #6 on: Jun 18, 2019
​
The above figure shows the market for rice in Japan where price is expressed in dollars. S represents the domestic supply curve, and the horizontal line at P = $1 represents the world supply curve. Currently Q1 units are imported. The loss from shifting production from foreign to domestic producers equals
◦ c + e
◦ i.
◦ a + c + d + e.
◦ e.


Tonny

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Reply #7 on: Jun 18, 2019
i.


asan beg

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Reply #8 on: Jun 18, 2019
Thanks


Tonny

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Reply #9 on: Jun 18, 2019
Welcome :)


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