Figure 9-23
The following diagram shows the domestic demand and domestic supply for a market.Assume that the world price in this market is $120 per unit.
-Refer to Figure 9-23.With free trade,the domestic price and domestic quantity supplied are
A)$90 and 10.
B)$90 and 18.
C)$120 and 5.
D)$120 and 18.

Question

Figure 9-23
The following diagram shows the domestic demand and domestic supply for a market.Assume that the world price in this market is $120 per unit. 
-Refer to Figure 9-23.With free trade,the domestic price and domestic quantity supplied are
A)$90 and 10. 
B)$90 and 18. 
C)$120 and 5. 
D)$120 and 18.

Quizplus · Accepted Answer

The Answer of Figure 9-23
The following diagram shows the domestic demand and domestic supply for a market.Assume that the world price in this market is $120 per unit. 
-Refer to Figure 9-23.With free trade,the domestic price and domestic quantity supplied are
A)$90 and 10. 
B)$90 and 18. 
C)$120 and 5. 
D)$120 and 18.

Figure 9-23 The Following Diagram Shows the Domestic Demand and Domestic Supply