Multiple Choice
Below is a graph illustrating the market for mustard seeds in Rysen III.(Sd is domestic supply,and Dd is domestic demand. ) .The world price of mustard seeds is $100.
-Refer to the graph above to answer this question.Suppose that the government introduces a quota of 400 on imports of mustard seeds,what will be the new price?
A) $40.
B) $100.
C) $120.
D) $140.
E) Cannot be determined.
Correct Answer:

Verified
Correct Answer:
Verified
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