-The figure above shows the U.S.demand and U.S.supply curves for cherries.In the absence of international trade,how many pounds of cherries would U.S.farmers produce?
A) 200,000 pounds
B) 400,000 pounds
C) 600,000 pounds
D) 800,000 pounds
E) 0 pounds

Question

-The figure above shows the U.S.demand and U.S.supply curves for cherries.In the absence of international trade,how many pounds of cherries would U.S.farmers produce?
A) 200,000 pounds 
B) 400,000 pounds 
C) 600,000 pounds 
D) 800,000 pounds 
E) 0 pounds

Quizplus · Accepted Answer

In the absence of international trade, the quantity of cherries produced by U.S. farmers would be determined by the intersection of the U.S. demand and U.S. supply curves. This intersection point represents the equilibrium quantity in the domestic market without the influence of international trade.

-The Figure Above Shows the U