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The Accompanying Table Gives Data for Country Y

Question 248

Multiple Choice

The accompanying table gives data for Country Y. Column 1 is the price of a product. Column 2 is the quantity demanded domestically (Q<sub>d</sub>) , and Column 3 is the quantity supplied domestically (Qₛ<sub>d</sub>) . If the world price of the product is $6, then Country Y will A) export 100 units of the product B) import 100 units of the product. C) export 300 units of the product. D) import 400 units of the product. The accompanying table gives data for Country Y. Column 1 is the price of a product. Column 2 is the quantity demanded domestically (Qd) , and Column 3 is the quantity supplied domestically (Qₛd) . If the world price of the product is $6, then Country Y will


A) export 100 units of the product
B) import 100 units of the product.
C) export 300 units of the product.
D) import 400 units of the product.

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