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    Principles of Economics Study Set 2
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    Exam 9: Application: International Trade
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    Graph 9-3 -In Graph 9-3, the Equilibrium Price and Quantity After the and Quantity
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Graph 9-3 -In Graph 9-3, the Equilibrium Price and Quantity After the and Quantity

Question 94

Question 94

Multiple Choice

Graph 9-3
Graph 9-3    -In Graph 9-3, the equilibrium price and quantity after the quota would be: A)  P<sub>1</sub>, Q<sub>1</sub> B)  P<sub>1</sub>, Q<sub>4</sub> C)  P<sub>2</sub>, Q<sub>2</sub> D)  P<sub>2</sub>, Q<sub>3</sub>
-In Graph 9-3, the equilibrium price and quantity after the quota would be:


A) P1, Q1
B) P1, Q4
C) P2, Q2
D) P2, Q3

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