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7. Demand and supply are D- 200-2p and S-2p-40. This is an imported good with pw = 30. Next month the government will introduce a

7. Demand and supply are D- 200-2p and S-2p-40. This is an imported good with pw = 30. Next month the government will introduce a tarifft - 20. a. Provide a Supply and Demand Diagram to illustrate and quantify how this tariff will affect prices and quantities. b. Complete the table with computed values (numbers)

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