The Demand for Laser Printers in a Country Is Given

question 126

Multiple Choice

The demand for laser printers in a country is given by D = 10,000 - 2P,where P is the price of a laser printer.Supply by domestic producers is given by S = 2,000 + 8P.If the world price of a laser printer equals $800 and this economy is open to trade,then this country will

• A) export 2,000 laser printers.
• B) export 3,000 laser printers.
• C) neither import nor export laser printers.
• D) import 2,000 laser printers.
• E) import 3,000 laser printers.

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Definitions:

Population Percent

A metric used to represent a portion or fraction of a whole population, typically expressed as a percentage.

Kinesthetic

Relating to the perception of movement, where the sensation is experienced through the movement of muscles, tendons, and joints.

Communication Style

Communication style pertains to the way an individual expresses themselves verbally and non-verbally, which can vary greatly among different people and contexts.

Visual

Relating to seeing or sight, or the ability to perceive objects and light with the eyes.