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Suppose that a small, tropical country produces mangoes for domestic consumption and possibly for export. The national demand and supply curves for mangoes in this

Suppose that a small, tropical country produces mangoes for domestic consumption and possibly for export. The national demand and supply curves for mangoes in this country are given by the following:

P = 50 - M (national demand)

P = 25 + M(national supply)

Where P denotes the relative price of mangoes and M denotes the quantity of mangoes (in metric tons).

a.Illustrate these relationships geometrically.

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