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    -The Above Figure Shows the Market for Rice in Japan
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-The Above Figure Shows the Market for Rice in Japan

Question 144

Question 144

Multiple Choice

  -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 Q<sub>1</sub> units are imported.The Consumption distortion loss is equal to A)  c + e. B)  c. C)  c + g + i. D)  a + c + d + e.
-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 + e.
B) c.
C) c + g + i.
D) a + c + d + e.

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