The following figure shows the domestic U.S.market for bananas and the global market for bananas.The domestic supply curve is given by SUPPLY US .With free trade,the equilibrium output in the U.S.market is Q.The import quota imposed by the government is equal to 0A.
Figure 10-5
-Refer to Figure 10-5.Which of the following should necessarily be true?
A)FG = BC
B)0D = EH
C)EH = 0C + CQ
D)BC = EF

Question

The following figure shows the domestic U.S.market for bananas and the global market for bananas.The domestic supply curve is given by SUPPLY US .With free trade,the equilibrium output in the U.S.market is Q.The import quota imposed by the government is equal to 0A.
Figure 10-5 
-Refer to Figure 10-5.Which of the following should necessarily be true?
A)FG = BC 
B)0D = EH 
C)EH = 0C + CQ 
D)BC = EF

Quizplus · Accepted Answer

The Answer of The following figure shows the domestic U.S.market for bananas and the global market for bananas.The domestic supply curve is given by SUPPLY US .With free trade,the equilibrium output in the U.S.market is Q.The import quota imposed by the government is equal to 0A.
Figure 10-5 
-Refer to Figure 10-5.Which of the following should necessarily be true?
A)FG = BC 
B)0D = EH 
C)EH = 0C + CQ 
D)BC = EF

The Following Figure Shows the Domestic U