The Demand for Microwaves in a Certain Country Is Given

question 31

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 supplied will be ________ microwaves.

• A)4,000
• B)4,500
• C)4,800
• D)5,000

---

Definitions:

Anxious

Experiencing worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.

Genotype

One’s genetic makeup, based on the sequencing of the nucleotides we term A, C, G, and T.

Phenotype

One’s actual development and appearance, as based on one’s genotype and environmental influences.

Resting Potential

The electrical potential across the neural membrane when it is not responding to other neurons.