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Table 34-4 ​ Table 34-4 Presents the Demand and Supply

question 33

Multiple Choice

Table 34-4 ​ Table 34-4 ​ Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States. If the United States and Japan decide to trade with each other, what will happen to the output of television sets in Japan? A) TV production in Japan will fall by 10,000 units. B) TV production in Japan will fall by 20,000 units. C) TV production in Japan will fall by 30,000 units. D) TV production in Japan will increase by 10,000 units. Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States. If the United States and Japan decide to trade with each other, what will happen to the output of television sets in Japan?

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