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A small country imports peanuts at the price of $10 per bag. The country's demand curve is D = 400 - 10P and its supply

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A small country imports peanuts at the price of $10 per bag. The country's demand curve is D = 400 - 10P and its supply curve is S = 50 +5P. Calculate the quota rents of an import quota that limits imports to 50 bags. Note: do not place a $ sign in your

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