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Scenario: Calculators The demand for calculators can be represented by PD = 120 - (1/4), and the supply of oranges is represe

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Answer #1

Answer : option B)

With tariff, Domestic price = 80+2 = 82

From demand curve

82= 120-Q/4

Q/4 = 38

Q*d = 152

From supply Curve

82= 30+Q/2

52= Q/2

Q*s = 104

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