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-The Above Figure Shows the Market for Rice in Japan

Question 16

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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 Q<sub>1</sub> units are imported.The loss from shifting production from foreign to domestic producers equals A) c + e B) i. C) e. 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 loss from shifting production from foreign to domestic producers equals


A) c + e
B) i.
C) e.
D) a + c + d + e.

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