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(Solved): The graph below shows domestic supply and demand for bushels of tomatoes in the U.S. Suppose that at ...



The graph below shows domestic supply and demand for bushels of tomatoes in the U.S. Suppose that at any price, foreign suppliers of tomatoes will supply 70 pounds of tomatoes. The "Domestic Supply + Imports" curve is misplaced. Re-position the curve to reflect the 70 pounds that will be imported.



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Introduction Demand and supply in the market are known as market forces. Their equilibrium determine price in the economy.
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