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

Question 82

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 were to open to free trade,the domestic quantity demanded would be: A)  250. B)  500. C)  1150. D)  1500. According to the graph shown,if this economy were to open to free trade,the domestic quantity demanded would be:


A) 250.
B) 500.
C) 1150.
D) 1500.

Correct Answer:

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