Basic Tariff analysis Figure 8-1: Deriving Home's Import Demand Curve Price, P Price, P 2 MD S1 S2 D2 D1 Quantity, Q D2-S2 D1-S1 Quantity, Q Copyright C 2003 Pearson Education, Inc Slide 8-10Copyright © 2003 Pearson Education, Inc. Slide 8-10 Quantity, Q Price, P Price, P Quantity, Q MD D S A PA P2 P1 S2 D2 D2 – S2 2 S1 D1 D1 – S1 1 Figure 8-1: Deriving Home’s Import Demand Curve Basic Tariff Analysis