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Suppose the Domestic Supply (QS) and Demand (QD)for MP3 Players QS=25+10PQD=8755P\begin{array} { l } Q ^ { S } = - 25 + 10 P \\Q ^ { D } = 875 - 5 P\end{array}

Question 18

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: QS=25+10PQD=8755P\begin{array} { l } Q ^ { S } = - 25 + 10 P \\Q ^ { D } = 875 - 5 P\end{array} If the U.S. engages in free trade and the international price of MP3 players is $50, it would import _____ MP3 players from the rest of the world.


A) 150
B) 250
C) 475
D) 225

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