This topic contains a solution. Click here to go to the answer

Author Question: In a market open to international trade, at the world price the quantity demanded is 150 and ... (Read 133 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

trampas

  • Sr. Member
  • ****
  • Posts: 320
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.
Answer Preview
Only 56% of students answer this correctly




neverstopbelieb

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Gracias!


JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

For a complete list of videos, visit our video library