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The following table is domestic supply and demand schedules for a product.Suppose that the world price of the product is $1. Refer to the above data.With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers respectively would be:
Ether
A class of organic compounds that contain an oxygen atom connected to two alkyl or aryl groups, used as solvents and anesthetics.
Chemical Shift
A measure of the change in resonant frequency of a nucleus in a magnetic field due to its electronic environment, important in nuclear magnetic resonance (NMR) spectroscopy.
Carbon
A nonmetallic element that forms the basis of all known life on Earth, symbolized as C.
Oxygen
A chemical element with the symbol O and atomic number 8, essential for respiration in most life forms and used widely in industry.
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