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Imports and Market Supply. Two nations supply sugar to the world market. Lowland has a minimum supply price of 5 cents per pound. Highland has
Imports and Market Supply. Two nations supply sugar to the world market. Lowland has a minimum supply price of 5 cents per pound. Highland has a minimum supply price of 20 cents per pound. For eachnation, the slope of the supply curve is one cent per million pounds.
Use the line drawing tool to draw the two individual supply lines. Properly label each line
Carefully follow the instructionsabove, and only draw the required objects.
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