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Refer to the Accompanying Table for a Certain Product's Market

Question 259

Multiple Choice

Refer to the accompanying table for a certain product's market in Econland. If Econland was entirely closed to international trade, the equilibrium price and quantity would be A) $9 and 2,000 units. B) $8 and 1,800 units. C) $7 and 2,000 units. D) $6 and 1,400 units. Refer to the accompanying table for a certain product's market in Econland. If Econland was entirely closed to international trade, the equilibrium price and quantity would be


A) $9 and 2,000 units.
B) $8 and 1,800 units.
C) $7 and 2,000 units.
D) $6 and 1,400 units.

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