The Following Graph Depicts the Market for Shoes in a Particular

question 117

Multiple Choice

The following graph depicts the market for shoes in a particular country.Use the graph to answer the following questions:

-If this country engages in free trade with other countries,then the price of shoes will be ________ and the quantity of shoes sold to domestic consumers will be ________.

• A) $120; 120
• B) $120; 75
• C) $90; 120
• D) $90; 50
• E) $90; 75

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