Figure 3-3
Ice cream is measured in kilograms. 
-Refer to Figure 3-3. Which of the following is correct?
Definitions:
World Price
The global market price of a good or service, influenced by worldwide supply and demand.
Domestic Price
The price of goods or services within a country's borders, as opposed to international or export prices.
World Price
The international market price of a good, influenced by global supply and demand.
Domestic Shortage
A situation where the demand for a product exceeds its supply within a country, leading to scarcity.
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