Multiple Choice
Suppose the domestic supply (QS) and demand (QD) for MP3 players in the United States are given by the following set of equations: In the absence of international trade in MP3 players, what will be the price of MP3 players in the United States?
A) $60
B) $65
C) $90
D) $70
Correct Answer:

Verified
Correct Answer:
Verified
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