Question: 3. Repeat the same question above but this time assume perfect competition. d) Compute the consumer and producer surplus in the autarkic outcome. 225,225 e)
3. Repeat the same question above but this time assume perfect competition. d) Compute the consumer and producer surplus in the autarkic outcome. 225,225 e) Compute the consumer and producer surplus in the free trade outcome. 400,100 f) Compute the consumer and producer surplus in the trade with tariff t =10. 225,225
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