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Home's demand curve for wheat is D = 100 - 20P. Its supply curve is S = 20 + 20P. Derive and graph Home's import
Home's demand curve for wheat is
D = 100 - 20P.
Its supply curve is
S = 20 + 20P.
Derive and graph Home's import demand schedule. What would the price of wheat be
in the absence of trade?
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