The Following Table Gives the Hypothetical Supply and Demand of Television

Multiple Choice

The following table gives the hypothetical supply and demand of television sets in Guatemala. Guatemala is a small country that is unable to affect world prices. The world price (free-trade price) is $300 per TV set. In the absence of trade, how many TV sets will Guatemala produce?

A) 1,400
B) 1,200
C) 1,000
D) 800