Multiple Choice
-The above figure shows the U.S.market for replacement cell phone batteries.When there is no international trade,the equilibrium price is ________ per battery and when there is international trade the equilibrium price is ________ per battery.
A) $16; $14
B) $14; $12
C) $12; $14
D) $12; $16
E) $16; $12
Correct Answer:

Verified
Correct Answer:
Verified
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