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Business, 15.07.2019 18:20 isabellemaine

If the united states is currently importing 14 million barrels per day at a world price of $4.00 per unit (the entire amount consumed), what is the effect on imports of a tax equal to $44.00 per unit? 1.) using the line drawing tool, determine the quantity of u. s. crude oil imports after the $44.00 per-unit tax by drawing a horizontal line at the price paid by u. s. consumers. label this line '+ tax'. 2.) using the point drawing tool, determine quantity demanded at the price paid by u. s. consumers after the imposition of the import tax. label this line 'upper p subscript qdpqd'. 3.) using the point drawing tool, determine quantity supplied at the price paid by u. s. consumers after the imposition of the import tax. label this line 'upper p subscript qspqs'. carefully follow the instructions above and only draw the required objects. the amount of imports after the $44.00 per-unit tax is nothing million barrels per day. before the tax, domestic producers supplied 0 barrels of crude oil. they now supply nothing million barrels â–¼ more less .

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