Question: Consider the figure to the right. What is the effect on foreign textile importers' total revenues of the imposition of the quota that generates

Consider the figure to the right. What is the effect on foreign textile importers' total revenues of the imposition of the quota that generates a movement from point E to point E? The imposition of the quota has caused total revenues of foreign textile importers to response as a whole number.) by $ million. (Enter your Price per Yard of Imported Textile ($) Supply with import quotas 1.50 1.00 E2 S 800 900 Quantity of Textiles Imported per Year (millions of yards) Q

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