The Demand for DVD Players in a Country Is Given

question 114

Multiple Choice

The demand for DVD players in a country is given by D = 300 - 0.2P,where P is the price of a DVD player.Supply by domestic producers is given by S = 100 + 0.8P.The world price of a DVD player equals $100.In equilibrium,when this economy is closed to trade,domestic DVD player production equals __________,and when this economy opens to trade,domestic DVD player production equals _________.

• A) 180;260
• B) 180;280
• C) 260;180
• D) 260;280
• E) 280;260

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Definitions:

Immunity

The capability of the human body to defend against or remove dangerous foreign substances or unusual cells.

Antihistamines

Medications used to treat allergies.

Over-The-Counter Medications

Medicines that can be bought without a prescription from a healthcare professional.

Allergies

Immune system reactions to a foreign substance that most people tolerate, manifesting symptoms like itching, sneezing, or hives.