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(20 points) Refer to the following graph for the Home country before and after a tariff. The home producer of the good is a monopolist

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  1. (20 points) Refer to the following graph for the Home country before and after a tariff. The home producer of the good is a monopolist prior to trade.

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Price $620 MC $320 X +1 = MR $250 X D $100 75 110 150 185 Quantity

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