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

Question 95

Multiple Choice

This graph demonstrates the domestic demand and supply for a good,as well as a tariff and the world price for that good. This graph demonstrates the domestic demand and supply for a good,as well as a tariff and the world price for that good.   According to the graph shown,if the economy were open to free trade,the domestic quantity supplied would: A) drop from 815 to 250. B) drop from 815 to 500. C) increase from 250 to 500. D) increase from 815 to 1500.
According to the graph shown,if the economy were open to free trade,the domestic quantity supplied would:


A) drop from 815 to 250.
B) drop from 815 to 500.
C) increase from 250 to 500.
D) increase from 815 to 1500.

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