Multiple Choice
Use the following to answer question:
-(Figure: The Market for Beats by Dre) Use Figure: The Market for Beats by Dre.Assume that Sd represents the domestic supply curve and Dd represents the domestic demand curve.If the world price equals $100 and there is free trade,this country:
A) will import 150,000 Beats by Dre.
B) will export 150,000 Beats by Dre.
C) has a domestic supply equal to 250,000 Beats by Dre.
D) has a domestic demand equal to 100,000 Beats by Dre.
Correct Answer:

Verified
Correct Answer:
Verified
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