Multiple Choice
Figure 9-2
The figure illustrates the market for calculators in a country. 
-Refer to Figure 9-2.At the world price and with free trade,
A) the domestic quantity of calculators demanded is greater than the domestic quantity of calculators supplied.
B) the calculator market is in equilibrium.
C) the domestic demand for calculators is perfectly inelastic.
D) both domestic producers of calculators and domestic consumers of calculators are better off than they were without free trade.
Correct Answer:
Verified
Correct Answer:
Verified
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