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The Figure Given Below Represents the Domestic Market for Wheat

Question 36

Multiple Choice

The figure given below represents the domestic market for wheat in a small country. Imports of wheat are prohibited. The figure given below represents the domestic market for wheat in a small country. Imports of wheat are prohibited. At a world price of $160 per bushel, the country produced _____ bushels of wheat and exported _____ bushels of wheat. A) 60; 60 B) 120; 80 C) 120; 60 D) 150; 120 At a world price of $160 per bushel, the country produced _____ bushels of wheat and exported _____ bushels of wheat.


A) 60; 60
B) 120; 80
C) 120; 60
D) 150; 120

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