Mathematics, 18.10.2019 22:00, Andy10201

Assume that a market for an exotic fruit in brazil is defined by qd= 1000 – p and the supply is qs=p, where p is the price per pound. suppose american are willing to pay a price for this fruit is $800 per pound. evaluate the welfare effects of allowing the fruit to be exported. discuss the implications on all the affected parties in this brazilian town.

Assume that a market for an exotic fruit in brazil is defined by qd= 1000 – p and the supply is qs=p

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Assume that a market for an exotic fruit in brazil is defined by qd= 1000 – p and the supply is qs=p...