Tell me the amount of gains from trade, carefully following all numeric instructions.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
ChapterA: The Use Of Mathematics In Principles Of Economics
Section: Chapter Questions
Problem 3RQ: Exercise A3 What dome slices of a pie chart represent?
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Question 7
Consider again this same graph:
Price
40
8
7
6
5
4
3
2
0
Tariff
Domestic
supply
Domestic
demand
10 20 30 40 50 60 70 80
World
price
Quantity
Tell me the amount of gains from trade, carefully following all numeric instructions.
Transcribed Image Text:Question 7 Consider again this same graph: Price 40 8 7 6 5 4 3 2 0 Tariff Domestic supply Domestic demand 10 20 30 40 50 60 70 80 World price Quantity Tell me the amount of gains from trade, carefully following all numeric instructions.
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