The figure below shows the demand (D) and supply (S) curves of corn syrups. Figure 35.3
In Figure 35.3, with an import quota of 30 gallons of corn syrup, what is the new equilibrium quantity demanded?
A) 35 gallons
B) 50 gallons
C) 20 gallons
D) 65 gallons
E) 5 gallons
Correct Answer:
Verified
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