Dan McLaughlin Retweeted Justin Wolfers
This may be the first time I've seen a graph done this way on Twitter.https://twitter.com/JustinWolfers/status/1102625585338220544 …
Dan McLaughlin added,
9:44 AM - 4 Mar 2019
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P
| \ /Domestic supply
| \ /
| X
| ---
-\----World price +
tariff
| / \ ↑
|-
------\-- Old world price
| Domestic demand
————————Q
↑Tariff => 