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Refer to the Above Diagram, Where Sd and Dd Are

Question 106

Multiple Choice

Refer to the above diagram, where S<sub>d</sub> and D<sub>d</sub> are the domestic supply and demand for a product and P<sub>c</sub> is the world price of that product.S<sub>d</sub> + Q is the product supply curve after an import quota is imposed.The size of the import quota: A) is vz. B) is vy. C) is wy. D) cannot be determined. Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product.Sd + Q is the product supply curve after an import quota is imposed.The size of the import quota:


A) is vz.
B) is vy.
C) is wy.
D) cannot be determined.

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