Suppose that the supply schedule of Indonesian Coffee beans
Suppose that the supply schedule of Indonesian Coffee beans is as follows: $4.00 $3.50 $3.00 $2.50 $2.00 6,000 5000 4,000 3.000 2.000 Suppose that Indonesian coffee beans can be sold only in Brazl. The domestic ndonesian demand schedule for beans is as follows indoneian Coffee Price of indonesian coffee beans (per quantity of Indonesian coffae beans supplied 1400 13.50 1.000 2.500 4000 5.000 52.50 Indonesian Supply (S), Indonesian Demand (DI), and combined Indonesian and Chinese Demand IDI+C)
Solution
Answer-
The qauntity consumed by Indonesian consumer is 2500. because at the equilbruim price, the quantity demanded by Indonesian is 2500
