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

Question 65

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 decides to open to free trade, how many units of the good will be produced domestically? A) 45 B) 85 C) 120 D) 75 If this economy decides to open to free trade, how many units of the good will be produced domestically?


A) 45
B) 85
C) 120
D) 75

Correct Answer:

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