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Author Question: The table below shows hypothetical Canadian domestic demand and supply schedules for granite. Assume ... (Read 72 times)

dusk108

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on: Oct 12, 2022
The table below shows hypothetical Canadian domestic demand and supply schedules for granite. Assume there are no restrictions on trade.

World Price
of Granite
($/tonne)		Quantity Demanded of Granite
(tonnes)		Quantity Supplied
of Granite
(tonnes)
1000  20170
  900  40140
  800  60110
  700  80  80
  600100  50
  500120  20
  400140    0
  300160    0

TABLE 19-6

Refer to Table 19-6. At what price and quantity combination will Canada not engage in international trade in granite?
◦ $400 and 0 tonnes
◦ $1000 and 20 tonnes
◦ $700 and 80 tonnes
◦ $1000 and 170 tonnes
◦ $400 and 140 tonnes
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by dusk108 on Oct 12, 2022

Mynameisrandom

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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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dusk108

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Reply 2 on: Oct 12, 2022
Excellent

laurnthompson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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