Table: Semiconductors If the Domestic Economy in This Table Opens Up to

question 89

Multiple Choice

Table: Semiconductors $$\begin{array} { c c c } \hline \text { Price (per unit in dollars) } & \begin{array} { l } \text { Quantity Demanded of } \\\text { Semiconductors (Domestic) }\end{array} & \begin{array} { l } \text { Quantity Supplied of } \\\text { Semiconductors (Domesti }\end{array} \\\hline \$ 3.00 & 500 & 700 \\2.50 & 580 & 650 \\2.00 & 600 & 600 \\1.50 & 700 & 550 \\1.00 & 850 & 500 \\\hline\end{array}$$ If the domestic economy in this table opens up to international trade at the world price of $1.50 per semiconductor, this economy will:

• A) export 550 semiconductors.
• B) export 150 semiconductors.
• C) import 550 semiconductors.
• D) import 150 semiconductors.

---

Definitions:

Autonomous Motivation

The drive to engage in an activity out of genuine interest or internal value, rather than external pressures or demands.

Cultures

The collective norms, values, beliefs, and customs of a group of people that distinguish them from other groups.

Equality Norm

A principle that advocates for equal treatment and fairness among members of a group or society.

Reward Allocation

A system or process in which rewards such as bonuses, promotions, or other incentives are distributed to employees based on their performance or achievements.