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Extra Credit Graph 2.b. - Brazilian Supply(S), Brazilian Demand (D:) and Suppose that the supply schedule of Brazilian Coffee beans is as follows: combined Brazilian

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Extra Credit Graph 2.b. - Brazilian Supply(S), Brazilian Demand (D:) and Suppose that the supply schedule of Brazilian Coffee beans is as follows: combined Brazilian and Canadian (Dc+s) for Brazilian Coffee Beans $5.00 DC+B Price of Brazilian Coffee beans Quantity of Brazilian Coffee beans $4.50 per pound) supplied $4.00 (pounds) $4.00 6,000 $3.50 $3.50 5,000 $3.00 $3.00 4,000 $2.50 3,000 Price $2.50 $2.00 2,000 $2.00 D CAB Suppose that Brazilian Coffee beans can be sold in Brazil and Canada. The domestic Brazilian $1.50 demand schedule for Brazilian Coffee beans is as follows $1.00 S DA Price of Brazilian Coffee beans Brazilian Quantity of Brazilian $0.50 (per pound) Coffee beans demanded $0.00 (pounds) 1000 2000 3000 4000 5000 7000 aDOO 9000 10,00 11000 12,500 $4.00 1,000 $3.50 Quantity 2,500 $3.00 4,000 $2.50 5,000 21) With the Brazilian coffee growers selling to both the Canadians and the Brazilians, what $2.00 7,000 price will be paid by Brazilian consumers? P = $ The Canadian demand schedule for Brazilian Coffee beans is as follows: Price of Brazilian Coffee beans Canadian Quantity of Brazilian 22) What will be the quantity consumed by Brazilian consumers? (per pound) Coffee beans demanded Q = (pounds) $4.00 1,000 $3.50 2,500 $3.00 3,000 $2.50 5,000 $2.00 5,500 Graph 2.b. depicts the change in supply and demand of Brazilian Coffee beans

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