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 this economy is an autarky,its equilibrium price is:
A) $175 at a quantity of 815.
B) $215 at a quantity of 500.
C) $130 at a quantity of 1150.
D) $130 at a quantity of 500.
Correct Answer:
Verified
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