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Refer to the Accompanying Table for a Certain Product's Market

Question 243

Multiple Choice

 Quantity Demanded  Domestically  Price  Quantity Supplied  Domestically 1,400$102,2001,60092,0001,80081,8002,00071,6002,20061,4002,40051,200\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Quantity Demanded } \\\text { Domestically }\end{array} & \text { Price } & \begin{array} { c } \text { Quantity Supplied } \\\text { Domestically }\end{array} \\\hline 1,400 & \$ 10 & 2,200 \\\hline 1,600 & 9 & 2,000 \\\hline 1,800 & 8 & 1,800 \\\hline 2,000 & 7 & 1,600 \\\hline 2,200 & 6 & 1,400 \\\hline 2,400 & 5 & 1,200 \\\hline\end{array} Refer to the accompanying table for a certain product's market in Econland. If the world price for this product were $6, then Econland would import


A) 400 units and domestic producers would supply 1,400.
B) 800 units and domestic producers would supply 1,400.
C) 800 units and domestic producers would supply 2,200.
D) 400 units and domestic producers would supply 2,200.

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