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-The Above Figure Shows the Australian Market for Replacement Mobile

Question 63

Multiple Choice

-The above figure shows the Australian market for replacement mobile phone batteries. When there is no international trade, the equilibrium price is ________ per battery and when there is international trade the equilibrium price is ________ per battery. A) $16; $12 B) $12; $14 C) $12; $16 D) $16; $14 E) $14; $12
-The above figure shows the Australian market for replacement mobile phone batteries. When there is no international trade, the equilibrium price is ________ per battery and when there is international trade the equilibrium price is ________ per battery.


A) $16; $12
B) $12; $14
C) $12; $16
D) $16; $14
E) $14; $12

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