The Graph Shown Demonstrates the Domestic Demand and Supply for a Good

question 92

Multiple Choice

The graph shown demonstrates the domestic demand and supply for a good, as well as the world price for that good. If this economy decides to open to trade, the amount of the good consumed domestically will:

• A)increase by 35.
• B)increase by 90.
• C)decrease by 35.
• D)decrease by 90.

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Definitions:

Expected Profit

The forecasted amount of profit or loss that is anticipated from a business venture or investment, based on calculations or assumptions.

Risky Portfolio

An investment portfolio that consists of assets with higher levels of risk, with the potential for higher returns.

Geometric Average Return

The average rate of return on an investment, calculated by multiplying n returns together and then taking the nth root.

Quarterly Returns

The investment gains or losses experienced by an asset or portfolio over a three-month period.