This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good.
According to the graph shown,if this were depicting an autarky,the amount being bought domestically is:

Question

This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. 
According to the graph shown,if this were depicting an autarky,the amount being bought domestically is:

Quizplus · Accepted Answer

In an autarky, the domestic price would be determined by the intersection of domestic demand and supply curves, which is at a price of $14 and a quantity of 115. Therefore, option C is the correct answer. The other options are either below or above the intersection point, indicating either a surplus or a shortage in the market.

This Graph Demonstrates the Domestic Demand and Supply for a Good,as