-Refer to the above diagram,where S_d and D_d are the domestic supply and demand for a product and P_c is the world price of that product.With free trade,that is,assuming no tariff,the outputs produced by domestic and foreign producers respectively would be:

Question

-Refer to the above diagram,where S<sub>d</sub> and D<sub>d</sub> are the domestic supply and demand for a product and P<sub>c</sub> is the world price of that product.With free trade,that is,assuming no tariff,the outputs produced by domestic and foreign producers respectively would be: A) v and vz. B) w and wy. C) w and wz. D) vx and xz.

Quizplus · Accepted Answer

The Answer of -Refer to the above diagram,where S_d and D_d are the domestic supply and demand for a product and P_c is the world price of that product.With free trade,that is,assuming no tariff,the outputs produced by domestic and foreign producers respectively would be:

-Refer to the Above Diagram,where Sd and Dd Are the Domestic

-Refer to the Above Diagram,where S_d and D_d Are the Domestic