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Below Is a Graph Illustrating the Market for Mustard Seeds

Question 53

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.
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.
-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.

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