Use the Following Table to Answer the Question(s)below for Country

question 41

Multiple Choice

Use the following table to answer the question(s) below for Country Y,which is open to trade.Column 1 shows the price of a product,column 2 shows the domestic quantity demanded domestically (Qd) ,and column 3 shows the domestic quantity supplied (Qs) .

-Refer to the above table.At what price will exports be equal to 100 units?

• A) $9.00.
• B) $8.00.
• C) $7.00.
• D) $6.00.
• E) There is no price at which exports will be equal to 100 units.

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Definitions:

Administrative Expenses

Costs that are not directly tied to the production of goods or services, including salaries of office staff, utilities, and rent.

Tenant-Days

A measure used in the hospitality or rental industry, representing the total number of days for which a property was rented out by tenants.

Planning Budget

A budget prepared for a planned level of activity, often for the purpose of setting goals or objectives for revenue and expenses over a period of time.

Wages And Salaries

Payments made to employees for their labor, either on an hourly (wages) or periodic basis (salaries).