the demand for coffee is assumed to be p 15

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the demand for coffee is assumed to be p 15 - q

The demand for coffee is assumed to be P = 15 - Q (units don't matter here.) The domestic supply of coffee is P = 2 * Q. The world market price of coffee is 5. Using graphs, show who gains and who loses and by how much (both for losers and winners), when a country that has previously prohibited coffee imports opens up to trade?

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Macroeconomics: the demand for coffee is assumed to be p 15 - q

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Macroeconomics: the demand for coffee is assumed to be p 15 - q

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