Indicate how much luxembourg imports a good

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Reference no: EM13208431

Luxembourg imports a good at a world price of $10 each. The domestic supply curve is S = 50 +5P where P is in Ecu and 1 Ecu = $1. Demand curve is D=400-10P. Draw demand and supply curves for this good and indicate how much it is imported

Reference no: EM13208431

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