Use the following graph to answer the questions that follow.

-If this is a trading (open)economy,the quantity of cars (in thousands)supplied by the domestic producers will be:

Question

Use the following graph to answer the questions that follow.
 
-If this is a trading (open)economy,the quantity of cars (in thousands)supplied by the domestic producers will be:

Quizplus · Accepted Answer

The correct answer is A because the quantity of cars supplied by domestic producers is equal to the quantity of cars demanded by domestic consumers plus the quantity of cars exported minus the quantity of cars imported. In this case, the quantity of cars demanded by domestic consumers is 20, the quantity of cars exported is 0, and the quantity of cars imported is 0. Therefore, the quantity of cars supplied by domestic producers is 20.

Use the Following Graph to Answer the Questions That Follow