The Following Figure Shows the Demand Curve, D, and the Supply

question 191

Multiple Choice

The following figure shows the demand curve, D, and the supply curve, S, for calculators in Barylia in four different scenarios. Barylia is open to free trade.

-Refer to the figure above.Let the world price of calculators be $5.In what scenario(s) does Barylia become a net importer of calculators?

• A) (2)
• B) (1) and (2)
• C) (2) and (3)
• D) (3) and (4)

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