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The Graph Shown Demonstrates the Domestic Demand and Supply for a Good

Question 48

Multiple Choice

The graph shown demonstrates the domestic demand and supply for a good, as well as the world price for that good. The graph shown demonstrates the domestic demand and supply for a good, as well as the world price for that good. If this economy were open to free trade, how many units of the good would be consumed domestically? A) 60 B) 115 C) 150 D) 90 If this economy were open to free trade, how many units of the good would be consumed domestically?


A) 60
B) 115
C) 150
D) 90

Correct Answer:

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