The graph shown demonstrates the domestic demand and supply for a good, as well as the world price for that good. 
If this economy were to go from autarky to free trade, which of the following statements is true?The country will import 160 units.Producers will produce 80 units.Total surplus will be $4,000.
Definitions:
Incremental Revenues
Additional revenue generated from new sales activities or strategies, beyond existing income streams.
Incremental Costs
Additional costs that a company incurs when increasing its production or activities over a certain threshold.
SBU
Strategic Business Unit; a semi-autonomous unit within a firm that focuses on a specific market segment or product line.
Cash Cow
A business, product, or asset that consistently generates significant amounts of cash flow, often requiring little investment to maintain.
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