Suppose Qd=-23P+670, Qs=30P+12 for home and Qd=-23P+402, Qs=30P+34 for foreign. Further, suppose that the importing country places a tariff of 0.23 on the product. What is the price paid by the importing country to two decimal places?

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steven03Lv10

26 May 2023

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Darryn D'SouzaLv10

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Related questions

A. consider a demand curve of the form
Qd=-2p+20

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lavenderbat152

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