Graph 9-1 This Graph Refers to the Market for Beef in Japan

question 130

Multiple Choice

Graph 9-1
This graph refers to the market for beef in Japan.

-According to Graph 9-1, if trade in beef is allowed, the price of beef in Japan will be:

• A) $ five per pound
• B) $ two per pound
• C) between $ two per pound and $ five per pound
• D) higher than $ five per pound