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Refer to the Figure Above

Question 1

Multiple Choice

Refer to the figure above. The graph represents consumers and suppliers in a country that relies on imports. Curve D is domestic demand, Curve S is domestic supply and Curve I is the import supply curve. If the country restricts imports to zero, domestic supply is ____.


A) q1
B) q2
C) q0
D) none of the above

Correct Answer:

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