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Business, 06.10.2021 01:00 jasminechambers642
assume that sugar is initially traded freely in the us at the world price of $20 and at this world price the us imports 5,000 units of sugar. then assume that the us enacts a quota of 2,000 units of imported sugar that raises the domestic price of sugar to $45. what is the most amount of revenue that the government can generate if it combines this quota with a licensing fee?
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