Scenario 9-1 ​

question 183

Multiple Choice

Scenario 9-1
​
For a small country called Boxland, the equation of the domestic demand curve for cardboard is Q^D = 210 − 2P, where Q^D represents the domestic quantity of cardboard demanded, in tons, and P represents the price of a ton of cardboard. For Boxland, the equation of the domestic supply curve for cardboard is Q^S = -90 + 3P, where Q^S represents the domestic quantity of cardboard supplied, in tons, and P again represents the price of a ton of cardboard.
-Refer to Scenario 9-1. Suppose the world price of cardboard is $82.5. Then Boxland's gains from international trade in cardboard amount to

• A)$632.81.
• B)$2,531.25.
• C)$1,265.63.
• D)$7,425.00.

---

Definitions:

Mother's Income

The amount of financial earnings or revenue generated by a mother through employment, business, or other means.

Men's Income

The earnings or financial gain received by men for their labor or services.

Active In Their Lives

Being engaged and participatory in one's personal, familial, or community affairs, indicating involvement and interest.

Adolescents

A term used to describe young people typically between the ages of 13 and 19, navigating the transition from childhood to adulthood.