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7. How do tariffs and quotas distort the comparative advantage of a country? 8. that are the costs of rice production? Does the marginal benefit
7". How do tariffs and quotas distort the comparative advantage of a country? 8. that are the costs of rice production? Does the marginal benefit outweigh the marginal cost? 9. If the price of sugar doubles, what will happen to the supply of regular (nondiet) colas? How will this affect the equilibrium price and quantity:r of regular colas? 1E]. |Given the scenario in question number 9, what will happen to the demand for diet colas? (Hint; Diet and regular colas are substitutes. that effect will this have on equilibrium price and quantity:r of diet colas
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