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-The Above Figure Shows the Australian Market for 1 Carat

Question 83

Multiple Choice

-The above figure shows the Australian market for 1 carat diamonds. Suppose Australia imposes the import quota shown in the figure. With the import quota, how many diamonds can be imported? A) 300,000 B) 900,000 C) 500,000 D) 700,000 E) 400,000
-The above figure shows the Australian market for 1 carat diamonds. Suppose Australia imposes the import quota shown in the figure. With the import quota, how many diamonds can be imported?


A) 300,000
B) 900,000
C) 500,000
D) 700,000
E) 400,000

Correct Answer:

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