Demonstrate provide-demand curves also equilibrium for usa

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Q. Illustrate the subsequent with provide/demand curves also equilibrium:

Russia, Brazil also Japan have been selling steel on world markets at $610 per metric ton, well below illustrate what equilibrium would be in the USA with no imports. If no imported steel was permitted in the USA, the equilibrium price would be $970 per metric ton. Demonstrate provide/demand curves also equilibrium for the USA, assuming no imports. Demonstrate illustrate what the graph would look such as if US buyers could purchase all the steel they wanted from world markets at $610 per metric ton. Demonstrate the quantity of imported steel

Reference no: EM1343936

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