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The U.K. produces and imports eggs. Suppose that the government imposed a quota on imports: Foreign suppliers could export no more than Q eggs (regardless of price). What effect does this quota have on the foreign supply curve of eggs, the total U.K. supply curve of eggs, the equilibrium price, British consumers, and British producers?
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tax be cut as the main policy target
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effects of real wage existing in the market that is lower than the equlibrium real wage.what will happen in this labour market if it is perfectly competitive
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