(Solved): Tariff Equivalent Homework - Unanswered In the interactive tariff diagram above. Set the World Pric ...

Tariff Equivalent Homework - Unanswered In the interactive tariff diagram above. Set the World Price equal to \( \$ 30 \). Now suppose the government imposes an import quota of 40 units of imports. Use the interactive diagram to find the tariff-equivalent of that quota. That is, suppose we eliminate the quota, what percent tariff rate would lead to precisely the same 40 units of imports? Enter just a number (e.g. 10 percent tariff would be entered as 10)