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Question 20 5 pts Please examine the market for AC units below. In this market, the Home nation has imposed a quota limiting the number
Question 20 5 pts Please examine the market for AC units below. In this market, the Home nation has imposed a quota limiting the number of AC units that foreign nations are allowed to export into the Home economy. Based on this diagram, what was the level of that quota? Home Market for AC Units International Market for AC Units Price $11 5+Q $12 Price $11 $10 Se D Dm Consumer Surplus |producer Surplus 4 5 1 2 3 7 8 9 10 Quantity Quantity O 1 unit O 2 units Consumer Surplus Producer Surplus O 3 units O 4 or more units
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