The Figure Below Shows the Demand (D) and Supply (S)

question 33

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of corn syrups.
Figure 20.3

-In Figure 20.3, if the world price per gallon is $8, then without quotas:

• A) 50 gallons of corn syrup will be imported.
• B) 35 gallons of corn syrup will be imported.
• C) 30 gallons of corn syrup will be imported.
• D) 20 gallons of corn syrup will be imported.
• E) 45 gallons of corn syrup will be imported.

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