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-Refer to the Diagram Above

Question 117

Multiple Choice

  -Refer to the diagram above.If this country does not engage in international trade,then the equilibrium quantity demanded is ____________________ pairs of shoes per year and the equilibrium quantity supplied is ____________________ pairs of shoes per year. A)  500;500 B)  500;1500 C)  1250;750 D)  1000;1000 E)  1500;500
-Refer to the diagram above.If this country does not engage in international trade,then the equilibrium quantity demanded is ____________________ pairs of shoes per year and the equilibrium quantity supplied is ____________________ pairs of shoes per year.


A) 500;500
B) 500;1500
C) 1250;750
D) 1000;1000
E) 1500;500

Correct Answer:

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