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-The Figure Above Shows the Australian Demand and Supply Curves

Question 2

Multiple Choice

  -The figure above shows the Australian demand and supply curves for cherries. In the absence of international trade, cherry farmers would receive ________ per kilogram of cherries. A)  $2.50 B)  $0.50 C)  $2.00 D)  $1.50 E)  $1.00
-The figure above shows the Australian demand and supply curves for cherries. In the absence of international trade, cherry farmers would receive ________ per kilogram of cherries.


A) $2.50
B) $0.50
C) $2.00
D) $1.50
E) $1.00

Correct Answer:

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