The market for the US is; d=100-20p s=20+20p
The market for the rest of the world; d=180-20p s=60+20p
Suppose the us government imposes a quota of 22 units on its imports. Calculate the magnitude of the deadweight loss resulting from the quota.
PLEASE help me solve this I would really like to know how befor I have to do an exam.
Thank you so much!