Multiple Choice
The figure above shows the U.S. demand and U.S.
-supply curves for cherries. In the absence of international trade, how many pounds of cherries would U.S. farmers produce?
A) 800,000 pounds
B) 200,000 pounds
C) 600,000 pounds
D) 400,000 pounds
E) 0 pounds
Correct Answer:
Verified
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