Solved

Based on the Table Below,at What World Price Would the Country

Question 167

Multiple Choice

Based on the table below,at what world price would the country export?
 Price  QDemanded  QSupplied 210070495756908088585108090127595\begin{array} { | l | l | l | } \hline \text { Price } & \text { QDemanded } & \text { QSupplied } \\\hline 2 & 100 & 70 \\\hline 4 & 95 & 75 \\\hline 6 & 90 & 80 \\\hline 8 & 85 & 85 \\\hline 10 & 80 & 90 \\\hline 12 & 75 & 95 \\\hline\end{array}


A) all prices above $8
B) at only $8
C) all prices below $8
D) it is impossible to say

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions