If S = 1P represents a country's home supply curve and D = 100 - 1P
Represents its home demand curve, then the equation representing its
Import demand curve is:

Name: If S = 1P represents a country's home supply curve and D = 100 - 1P Represents its home demand curve, then the equation representing its Import demand curve is:
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Question

Quizplus · Accepted Answer

The import demand curve is derived by subtracting the supply curve from the demand curve: (D - S) = (100 - 1P) - (1P) = 100 - 2P.

If S = 1P Represents a Country's Home Supply Curve