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The Accompanying Table Gives Data for Country X

Question 113

Multiple Choice

  The accompanying table gives data for Country X. Column 1 of the table is the price of a product. Column 2 is the quantity demanded domestically (Q<sub>d</sub>) , and Column 3 is the quantity supplied domestically (Qₛ<sub>d</sub>) . At what price will Country X import 100 units of the product? A) $4.00 B) $3.00 C) $2.00 D) $1.00 The accompanying table gives data for Country X. Column 1 of the table is the price of a product. Column 2 is the quantity demanded domestically (Qd) , and Column 3 is the quantity supplied domestically (Qₛd) . At what price will Country X import 100 units of the product?


A) $4.00
B) $3.00
C) $2.00
D) $1.00

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