For a Small Country Called Boxland, the Equation of the Domestic

question 23

Multiple Choice

For a small country called Boxland, the equation of the domestic demand curve for cardboard is
$$Q ^ { D } = 200 - 2 P$$
where $$Q ^ { D }$$ represents the domestic quantity of cardboard demanded, in tons, and represents the price of a ton of cardboard.
For Boxland, the equation of the domestic supply curve for cardboard is
$$Q ^ { S } = - 60 + 3 P$$
where $$Q ^ { S }$$ represents the domestic quantity of cardboard supplied, in tons, and again represents the price of a ton of cardboard.
-Refer to Scenario 9-2.Suppose the world price of cardboard is 60 dollars.Then,if Boxland goes from prohibiting international trade in cardboard to allowing international trade in cardboard,

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Definitions:

Uncooperative

Displaying reluctance or refusal to work or act together with others in a cooperative or collaborative manner.

Agreeableness

A personality trait that reflects the extent to which a person is cooperative, polite, friendly, and flexible versus cold, contentious, and confrontational.

Intellectual Openness

A willingness to consider new ideas, engage in critical thinking, and adopt novel approaches in learning and problem-solving.

Curiosity

A strong desire to know or learn something, fueling exploration and inquiry.