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Home Market Price, P World Market 20 Price, P 18 20 16- 18 14- XS 12- 16- 10- 14- 12 D 10 6 Quantity, Q
Home Market Price, P World Market 20 Price, P 18 20 16- 18 14- XS 12- 16- 10- 14- 12 D 10 6 Quantity, Q The figure above gives Home's barley market before trade. The figure to the right shows a portion of the World 4 market, with an export supply curve (derived from the pre-trade Foreign barley market). Using the line drawing tool, add Home's import demand curve to the top-right figure. Label this line 'MD". Carefully follow the instructions above and only draw the required object. 8 Quantity
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