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SCENARIO: FREEDONIAN EXPORTS
In the small country of Freedonia, the domestic demand for
Widgets is represented by P = 100 - 3Q; the home supply
Of widgets is represented by P = 1Q.
Reference: Ref 104
(Scenario: Freedonian Exports) Now let the government of
Freedonia give a $15 per unit subsidy on each widget
Exported.What will be the new price and quantity
Consumed in the Freedonia domestic market?
Reaction
A process in which substances, the reactants, are converted into different substances, the products, involving rearrangement of atomic or molecular structures.
Gilman Reagent
Organometallic compounds of the form R2CuLi, utilized in organic chemistry for carbon-carbon bond formation reactions.
3-Methylpentane
An organic compound that is a branched alkane with six carbon atoms, where the methyl group is attached to the third carbon.
Reaction
A process in which substances, called reactants, transform into different substances, called products.
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