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

question 189

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 $\left( Q _ { s d } \right)$ . If Country $X$ opens itself up to international trade, at what world price will it begin importing some units of the product?

• A) any price below $1.00
• B) any price above $1.00
• C) any price below $3.00
• D) any price above $3.00

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Definitions:

Cerebral Peduncles

Structures located on the underside of the brain, connecting the cerebrum with the lower portions of the brain and spinal cord.

Sulcus

A term specifically referring to the indentations or narrow grooves on the surface of an organ or tissue, including the brain.

Gyrus

A ridge or fold between two clefts on the cerebral surface in the brain, associated with increased surface area for neural processing.

Cranial Nerves

A set of twelve nerves that originate in the brain and provide motor and sensory functions primarily to the structures of the head and neck.