The Demand for DVD Players in a Country Is Given

question 38

Multiple Choice

The demand for DVD players in a country is given by D = 300 - 0.2P,where P is the price of a DVD player.Supply by domestic producers is given by S = 100 + 0.8P.The world price of a DVD player equals $100 and this economy is open to trade.If a quota of 50 units is placed on DVD player imports,the quantity of DVD players demanded domestically will change from _______ with no quota to _______ with the quota.

• A) 260;270
• B) 260;280
• C) 280;270
• D) 280;260
• E) 270;260

---

Definitions:

Covert Self-guidance

An internal process where an individual directs their own actions and thoughts in achieving personal goals without external observation.

Self-evaluation Self-statement

Internal reflections and judgments that individuals make about their own performance or behavior.

Irrational Conclusions

Beliefs or judgments not based on rational analysis or evidence, often leading to negative thinking patterns.

Awfulizing

The cognitive distortion involving the exaggeration of the negativity of an event or situation.