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

Question 151

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Refer to the table above for a certain product's market in Econland. If Econland were 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 table above for a certain product's market in Econland. If Econland were 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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