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The Following Graph Depicts the Market for Shoes in a Particular

Question 117

Multiple Choice

The following graph depicts the market for shoes in a particular country.Use the graph to answer the following questions:
The following graph depicts the market for shoes in a particular country.Use the graph to answer the following questions:    -If this country engages in free trade with other countries,then the price of shoes will be ________ and the quantity of shoes sold to domestic consumers will be ________. A)  $120; 120 B)  $120; 75 C)  $90; 120 D)  $90; 50 E)  $90; 75
-If this country engages in free trade with other countries,then the price of shoes will be ________ and the quantity of shoes sold to domestic consumers will be ________.


A) $120; 120
B) $120; 75
C) $90; 120
D) $90; 50
E) $90; 75

Correct Answer:

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