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U.S. : P = 8 - 1/10 QD P = 4 + 1/10 QS (or, QD = 80 - 10 P and QS = -40 + 10 P)
ROW: P = 8 - 1/10 QD P = 2 + 1/10 QS (or, QD = 80 - 10 P and QS = -20 + 10 P)
What is the autarky or no trade price of motorbikes in the U.S.? 

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91275107

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