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

question 221

Multiple Choice

The following figure shows the demand curve, D, and the supply curve, S, for calculators in Barylia. The world price of calculators is $40.

-Refer to the figure above.What is the domestic price of calculators in Barylia?

• A) $10 per unit
• B) $30 per unit
• C) $40 per unit
• D) $50 per unit

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Definitions:

2-methylcyclohexanone

An organic compound consisting of a six-membered ring with a ketone functional group and a methyl group attached.

Enolate

An ion formed by the deprotonation of an alpha carbon of a carbonyl compound, involved in many important organic reactions.

Carbonyl

A functional group characterized by a carbon atom double-bonded to an oxygen atom (C=O).

Pka Values

A quantitative measure of the strength of an acid in solution, representing the acid dissociation constant logarithmically.