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The Following Figure Shows the Intersection of the Demand and Supply

Question 48

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The following figure shows the intersection of the demand and supply curves for a commodity in the domestic market at price P2 and quantity Q2,in the absence of trade.With trade,the supply curve shifts to Supplytrade.
Figure 10-4 The following figure shows the intersection of the demand and supply curves for a commodity in the domestic market at price P<sub>2</sub> and quantity Q<sub>2</sub>,in the absence of trade.With trade,the supply curve shifts to Supply<sub>trade</sub>. Figure 10-4   -Refer to Figure 10-4.The quantity of imports into the domestic market is given by _____. A) Q<sub>2</sub> - Q<sub>1</sub> B) Q<sub>3</sub> - Q<sub>2</sub> C) Q<sub>3</sub> - Q<sub>1</sub> D) Q<sub>3</sub>
-Refer to Figure 10-4.The quantity of imports into the domestic market is given by _____.


A) Q2 - Q1
B) Q3 - Q2
C) Q3 - Q1
D) Q3

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