The Demand for Microwaves in a Certain Country Is Given

question 11

Multiple Choice

The demand for microwaves in a certain country is given by: D = 8,000 - 30P, where P is the price of a microwave. Supply by domestic microwave producers is: S = 4,000 + 10P. If this economy opens to trade while the world price of a microwave is $50, and the government imposes a tariff of $30 per microwave, then the domestic quantity demanded will be ________ microwaves.

• A)4,000
• B)4,500
• C)5,000
• D)5,600

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Definitions:

Patient's Best Interest

Making healthcare decisions based on what is most beneficial for the patient's health and well-being, considering their wishes and values.

Realistic Outcome

A feasible and achievable result that can be expected from a specific action or intervention.

Consequences

The result or effect of an action or condition, often considered in terms of its drawbacks or penalties.

Insomnia

A sleep disorder characterized by difficulty falling and/or staying asleep.