The table above has the domestic demand and domestic supply schedules for a good.
- If the world price of the good is $10, then according to the table
A) domestic production is higher before trade than after trade.
B) the country imports 6 units a day.
C) the country exports 22 units a day.
D) the country exports 6 units a day.
E) the country imports 16 units a day.
Correct Answer:
Verified
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A)on an exported
A)a tax imposed on imports.
B)a