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Table 34-4 Table 34-4 Presents the Demand and Supply

Question 121

Multiple Choice

Table 34-4 Table 34-4 Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States. If Japan and the United States trade with each other, what will be the equilibrium price in the world market for television sets? A) $100 B) $200 C) $300 D) $400 Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States. If Japan and the United States trade with each other, what will be the equilibrium price in the world market for television sets?


A) $100
B) $200
C) $300
D) $400

Correct Answer:

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