4. (26 points) Suppose the demand and supply curve for Producer's 14% horse feed is given by the following table. The price of corn, a main ingredient in this horse feed doubles in price, which results in a changed supply curve to S2. Price Quantity Supplied (bags) S₁ S₂ Quantity Demanded (bags) D₁ D₂

Price Pt Pc E V K W O G H X Quantity Multiple Choice y Z Refer to the diagram, where Sø and Dd are the domestic supply and demand for a product and Pc is the world price of that product. Sd+ Q is the product supply curve after an import quota is imposed. The size of the import quota is vy. Sd Sd+Q

11

Please write all your steps regarding each calculation. Also, refer to the formula sheet; if any formula is used, please label it. Thankyou.

1

Exercise:  01   Issue a promissory note: ⑴Amount ￡3,026.00 ⑵Date and place of issue 8/August/2009，Guangzhou, China ⑶Tenor At 90 days after date ⑷Maker Guangdong  Imp.  & Exp. Co.,  Guangzhou ⑸Payee Chemicals Import & Export  Company London                               ⑴Drawer     Thames Enterprises Ltd., London ⑵Drawee     The National Westminster Bank Ltd.,  London ⑶Payee     Philips Hong Kong ⑷Date and place of issue     07/01/2001，London ⑸Amount     GBP79,014 Exercise:  02   Issue a check:

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hi if the tarrif is 6 then in the solution it is 12 please give me approite solution

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pls help with below homwrk queistions