Refer to the Accompanying Table for a Certain Product's Market

question 158

Multiple Choice

Refer to the accompanying table for a certain product's market in Econland. If the world price for this product were $6, then Econland would import

• A)400 units and domestic producers would supply 1,400.
• B)800 units and domestic producers would supply 1,400.
• C)800 units and domestic producers would supply 2,200.
• D)400 units and domestic producers would supply 2,200.

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