Solved

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

Question 96

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 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. 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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents