Figure 18.4
-Refer to Figure 18.4.With an import ban,how many artichokes are produced domestically in Duckland?

Question

Quizplus · Accepted Answer

With an import ban, domestic production would adjust to meet the domestic demand at the point where the domestic supply curve intersects the domestic demand curve without any imports. This is typically represented on a graph where the quantity of artichokes produced domestically would be at the equilibrium point without imports, which, based on the information provided, is 65.

Figure 18.4 -Refer to Figure 18.4.With an Import Ban,how Many Artichokes Are