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The Figure Given Below Depicts the Negatively Sloped Demand and Positively

question 44

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The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country.
Figure 20.2
The figure given below depicts the negatively sloped demand and positively sloped supply curves of wheat in a country. Figure 20.2    -Refer to Figure 20.2. In the absence of international trade, what are the domestic equilibrium price and quantity? A)  $30 and 200 bushels B)  $50 and 400 bushels C)  $30 and 400 bushels D)  $50 and 300 bushels E)  $25 and 150 bushels
-Refer to Figure 20.2. In the absence of international trade, what are the domestic equilibrium price and quantity?

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