題組內容
二、Problems and Short-essay Questions Please answer the following questions IN SEQUENCE.All questions may be answered in either Chinese or English.
1. Suppose there is a small country. It imports apples at the price of $10 per bag. The demand curve is D = 400 - 10P. The supply curve is S = 50 + 5P. The country imposes a specific tariff so that the import is 50 bags. Answer the following questions.