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Figure 5.3. Sweden's Apple Market

Question 45

Multiple Choice

Figure 5.3. Sweden's Apple Market Figure 5.3. Sweden's Apple Market   -Consider Figure 5.3.In the absence of trade, Sweden's equilibrium price and quantity of apples would be A)  $0.60 and 22 pounds. B)  $0.60 and 14 pounds. C)  $1.00 and 18 pounds. D)  $1.40 and 14 pounds.
-Consider Figure 5.3.In the absence of trade, Sweden's equilibrium price and quantity of apples would be


A) $0.60 and 22 pounds.
B) $0.60 and 14 pounds.
C) $1.00 and 18 pounds.
D) $1.40 and 14 pounds.

Correct Answer:

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