The figure given below represents the domestic market for wheat in a small country. Imports of wheat are prohibited. Following the imposition of a $20 per bushel export subsidy to the country's wheat exports, the country consumed _____ bushels of wheat, and exported _____ bushels of wheat.

Question

The figure given below represents the domestic market for wheat in a small country. Imports of wheat are prohibited.  Following the imposition of a $20 per bushel export subsidy to the country's wheat exports, the country consumed _____ bushels of wheat, and exported _____ bushels of wheat.

Quizplus · Accepted Answer

The Answer of The figure given below represents the domestic market for wheat in a small country. Imports of wheat are prohibited.  Following the imposition of a $20 per bushel export subsidy to the country's wheat exports, the country consumed _____ bushels of wheat, and exported _____ bushels of wheat.

The Figure Given Below Represents the Domestic Market for Wheat