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

Question 48

Multiple Choice

This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. 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 economy were to open to trade,the amount consumed domestically would: A) increase by 35. B) increase by 90. C) decrease by 35. D) decrease by 90. According to the graph shown,if this economy were to open to trade,the amount consumed domestically would:


A) increase by 35.
B) increase by 90.
C) decrease by 35.
D) decrease by 90.

Correct Answer:

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