RE: JNU SIS 2015

Posted by SM on May 16, 2016; 6:15pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-SIS-2015-tp7600753p7600834.html

Hi Eco16!

Since a tariff of Rs 10 is imposed on EVERY UNIT of the foreign good, we can say that it adds to the Marginal Cost for the foreign producer. So while calculating, add the marginal cost and the tariff.