image Transcription Text malaysia Is A Small Nation And Imports Electrical And Mba Essay Help

Image transcription text
Malaysia is a small nation and imports electrical and electronic products at RM20 per unit. The domestic demand and supply curves are as follows: Demand: P = 58 – 0.05Q Supply: P = 0.05Q – 3 Determine the import demand function. [2 marks] ii. Draw a demand and supply curve, and indicate the world price in the diagram. [3 marks]
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