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This Graph Demonstrates the Domestic Demand and Supply for a Good,as

Question 61
Multiple Choice

This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. img According to the graph shown,if this economy were open to free trade,domestic consumers would consume how many units? A) 45 B) 85 C) 120 D) 75

Related questions
Q 62
This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. According to the graph shown,if this economy were open to free trade,domestic producers would produce how many units? A) 45 B) 85 C) 120 D) 75
Q 63
This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. According to the graph shown,if this economy were open to free trade,how many units would be exported? A) 35 B) 85 C) 120 D) 75
Q 64
This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. According to the graph shown,if this economy were to open to trade,domestic prices would: A) remain $16 for domestically produced goods, and be $23 for those units imported. B) increase to $23 for all units. C) remain $16, with more units sold overall. D) decrease to $11 for all units.
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