The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country. Figure 21.2 
- In Figure 21.2,if the world price per bushel of wheat is $25,and a tariff of $10 is imposed,what is the domestic production?
A) 300 bushels
B) 450 bushels
C) 400 bushels
D) 150 bushels
E) 200 bushels
Correct Answer:
Verified
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