A merchant blends tea that sells for $5.70 a pound with tea that sells for $2.95 a pound to produce 110 lb of a mixture that sells for $3.95 a pound. How many pounds of each type of tea does the merchant use in the blend?

If quotas on sugar were eliminated in the united states, domestic production of sugar would fall. why is this a benefit in economic terms for the united states? i. resources are freed up that could be used more efficiently elsewhere. ii. it is beneficial because it allows foreign producers of sugar to earn income and thus those countries are better off. iii. u.s. consumers are able to enjoy increased consumer surplus because of the lower prices of imported sugar.