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1. Suppose that Home is a small country and its demand curve for a good is given by the demand curve: Q = 40 2?

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1. Suppose that Home is a small country and its demand curve for a good is given by the demand curve: Q = 40 2? and supply of the good is given by the supply curve: Q = EP. The world price is 9. There is perfect competition in the market for this 3 good

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