What is the price paid by the importing country

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Suppose Qd=-23*P+670, Qs=30*P+12 for home and Qd*=-23*P+402, Qs*=30*P+34 for foreign. Further suppose that the importing country place a tariff of 0.23 on the product. What is the price paid by the importing country to two decimal places?

Reference no: EM131096286

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What is the price paid by the importing country : Suppose Qd=-23*P+670, Qs=30*P+12 for home and Qd*=-23*P+402, Qs*=30*P+34 for foreign. Further suppose that the importing country place a tariff of 0.23 on the product. What is the price paid by the importing country to two decimal places?

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