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Figure 41 Illustrates the Demand and Supply Schedules for Pocket Calculators

Question 14

Multiple Choice

Figure 4.1 illustrates the demand and supply schedules for pocket calculators in Mexico, a "small" nation that is unable to affect the world price.
Figure 4.1. Import Tariff Levied by a "Small" Country Figure 4.1 illustrates the demand and supply schedules for pocket calculators in Mexico, a  small  nation that is unable to affect the world price. Figure 4.1. Import Tariff Levied by a  Small  Country   -Consider Figure 4.1.In the absence of trade, Mexico produces and consumes A)  10 calculators. B)  40 calculators. C)  60 calculators. D)  80 calculators.
-Consider Figure 4.1.In the absence of trade, Mexico produces and consumes


A) 10 calculators.
B) 40 calculators.
C) 60 calculators.
D) 80 calculators.

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