Question: Repeat Example 11.3 under the assumption that the world price of computers is $1,200 (the tariff is still $400). What happens if the world price

Repeat Example 11.3 under the assumption that the world price of computers is $1,200 (the tariff is still $400). What happens if the world price is $1,800?

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Repeat Example 11.3 under the assumption that the world price of computers is $1,200 (the tariff is still $400). What happens if the world price is $1,800?

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