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Question 104

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Use the following to answer questions :
Figure: The Market for MP3 Players Use the following to answer questions : Figure: The Market for MP3 Players   -(Figure: The Market for MP3 Players)  Look at the figure The Market for MP3 Players. Assume that S<sub>d</sub> represents the domestic supply curve and D<sub>d</sub> represents the domestic demand curve. In the market for MP3 players, the autarky price equals: A) $140. B) $120. C) $110. D) $100.
-(Figure: The Market for MP3 Players) Look at the figure The Market for MP3 Players. Assume that Sd represents the domestic supply curve and Dd represents the domestic demand curve. In the market for MP3 players, the autarky price equals:


A) $140.
B) $120.
C) $110.
D) $100.

Correct Answer:

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