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Author Question: In a market open to international trade, at the world price the quantity demanded is 150 and ... (Read 93 times)

neverstopbelieb

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on: Jun 29, 2018
In a market open to international trade, at the world price the quantity demanded is 150 and quantity supplied is 200. This country will
 
  A) export 50 units.
  B) import 50 units.
  C) export 200 units.
  D) import 150 units.

Question 2

Suppose the government imposes a price ceiling on gasoline that is less than the equilibrium price. As a result
 
  A) the price of gasoline rises to the equilibrium price.
  B) there is incentive for buyers to undertake search activity.
  C) the supply of gasoline will increase and the supply curve will shift rightward.
  D) the demand for gasoline will decrease and the demand curve will shift leftward.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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trampas

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Reply #1 on: Jun 29, 2018
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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neverstopbelieb

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

connor417

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

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