$\quad\quad { Country ~X }$ The Accompanying Table Gives Data for Country

question 155

Multiple Choice

$\quad\quad { Country ~X }$
$\begin{array} { | c | c | c | } \hline Price & Q _ { d d } & Q _ { S d } \\\hline \$ 5.00 & 200 & 400 \\\hline 4.00 & 250 & 350 \\\hline 3.00 & 300 & 300 \\\hline 2.00 & 350 & 250 \\\hline 1.00 & 400 & 200 \\\hline\end{array}$
The accompanying table gives data for Country $X$ . Column 1 of the table is the price of a product. Column 2 is the quantity demanded domestically $\left( Q _ { d d } \right)$ , and Column 3 is the quantity supplied domestically $\left( Q _ { S d } \right)$ . At what price will Country $X$ import 100 units of the product?

• A) $4.00
• B) $3.00
• C) $2.00
• D) $1.00

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Definitions:

Organizational Goals

The strategic objectives that an organization aims to achieve, which guide its operational activities and strategic planning.

Attribution Theory

A psychological theory that explains how people determine the causes of their own and others' behavior, attributing them to internal dispositions or external situations.

Individual Behaves

Refers to the actions or conduct of a person in response to their environment or stimuli.

Individual Reward Systems

A scheme designed to provide incentives to employees based on their personal performance, achievements, or contributions to organizational objectives.