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Business, 11.03.2020 21:27 richdakid26

In autarky, a small country produces 100 units of lumber at $600 per unit. Then it begins to trade at the world price of $500 and production falls to 50 units and consumption increases to 200 units. What is the gain in consumer surplus

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In autarky, a small country produces 100 units of lumber at $600 per unit. Then it begins to trade a...
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