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Author Question: The diagram below shows supply and demand curves for bicycles in the domestic Canadian market. ... (Read 210 times)

am7272

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on: Oct 12, 2022

The diagram below shows supply and demand curves for bicycles in the domestic Canadian market. Assume that all bicycles are identical.



FIGURE 20-4

Refer to Figure 20-4. Assume there is free trade in bicycles. If the world price of bicycles is $200, domestic consumption is ________ and domestic production is ________.


◦ 30 000; 50 000
◦ 50 000; 30 000
◦ 20 000; 60 000
◦ 60 000; 20 000
◦ 40 000; 40 000
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by am7272 on Oct 12, 2022

senorfranco

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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am7272

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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