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Without restrictions Q* is consumed at a price of P w , of which Q** is produced domestically and Q*-Q** is imported. What happens with
Without restrictions Q* is consumed at a price of Pw, of which Q** is produced domestically and Q*-Q** is imported. What happens with restrictions?
P Sdom D Pdom C Pw - - -- a ------- Ddom - - O ()* * Qdom Q*Step by Step Solution
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