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Suppose the Domestic Supply (QS) and Demand (QD) for Skateboards Q5=60+3PQD=3902P\begin{array} { l } Q ^ { 5 } = - 60 + 3 P \\Q ^ { D } = 390 - 2 P\end{array}

Question 37

Multiple Choice

Suppose the domestic supply (QS) and demand (QD) for skateboards in the United States are given by the following set of equations: Q5=60+3PQD=3902P\begin{array} { l } Q ^ { 5 } = - 60 + 3 P \\Q ^ { D } = 390 - 2 P\end{array} If the U.S. engages in free trade and the international price of skateboards is $75, it would import _____ skateboards from the rest of the world.


A) 65
B) 85
C) 75
D) 95

Correct Answer:

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