Trade Related Question

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Trade Related Question

vandita24x7
price per computer Quantity demanded Quantity Supplied
100                             900                      0
200                              700                     200
300                               500                    400
400                               300                     600
500                               100                      800

Under Free trade the country was importing computers at a price of 100
but now imposes a quota that limits imports to 300 computers. The
price will go up by?
a)$250
b)$200
c)$150
d)$100
tkt
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Re: Trade Related Question

tkt



hope it helps
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Re: Trade Related Question

vandita24x7
Thank u taani!