Question: Prio- U.S. quantity U.S. quantity [dollars par ton supplied Mandi-d of mu! ion: menu'- Ion: moods LDDU moon mum 3'50 ll 11M SCI] l4,l]l]0 14,!!!)

 Prio- U.S. quantity U.S. quantity [dollars par ton supplied Mandi-d of

Prio- U.S. quantity U.S. quantity [dollars par ton supplied Mandi-d of mu! ion: menu'- Ion: moods LDDU moon mum 3'50 ll 11M SCI] l4,l]l]0 14,!!!) 150 l LIEU moon 3. The table above gives the U.S. supplyr and the U.S. demand schedules for steel. Suppose the world prioe of steel is $500 per ton. a. If there are no tariffs or nontariff barriers, what is the prioe of steel in the United States, the qua ntit'lr of steel consumed in the United States, the quantity produced in the United States, and the quantity imported into the United States? If there are no tariffs or nontariffs barriers the price of steel is 35m dollars. The quantity:r of steel consumed in the United States is 1,302! tons. The qua ntityir produced is SUD tons. The qua nljtilr imported is 1,500 tons. b. If the U.S. government imposes a tariff of $2512} per ton of steel, what is the prioe of steel in the United States, the quantityr of steel oonsumed in the United States, the quantity produced in the United States, and the quantity imported into the United Stata? After the tariff of $250 dollars the price of steel is STSD per ton. The qua ntit'lr of steel consumed in the U.S. is LED-CI tons. The U.S. will have produced 500 tons, The quantity imported into the United States will be 1,1D tons. c. Instead of a tariff, if the U.S. government imposes an import quota of 5930!] tons of steel per month, what is the price of steel in the United States, the quantity.r of steel oonsumed in the United States, the quantity produced in the United States, and the quantityr imported into the United States

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