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The graph shows the U.S. demand for and supply of raspberries. The world price of raspberries is $3.00 a pound Price (dollars per pound) 7.0-
The graph shows the U.S. demand for and supply of raspberries. The world price of raspberries is $3.00 a pound Price (dollars per pound) 7.0- Now the U.S. government imposes a tariff of $0.50 a pound on raspberries imported into the United States. Draw a line to show what happens to the price of raspberries. Label the line World price + tariff. 6.0- SUS Draw a point at the quantity of raspberries demanded by U.S. consumers at the world price plus tariff. Label it 1. Draw a point at the quantity of raspberries supplied by U.S. producers at the world price plus tariff. Label it 2. 5.0- 3.04 World price Dus 1 0- 0.0- 106 10 15 20 2 5 Quantity (millions of pounds per year)
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