The Figure Given Below Shows the Import Demand and Export

question 4

Multiple Choice

The figure given below shows the import demand and export supply curves of corn in the U.S. and Mexico.Figure 20.2

-Refer to Figure 20.2. The no-trade equilibrium price of corn in the U.S. is:

• A)$2.
• B)$4.
• C)$6.
• D)$8.
• E)$10.

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A combination of numbers, variables, operators, and sometimes parentheses that represents a quantity or a relationship.

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An electronic device or software program used for performing mathematical calculations.

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A numerical representation of a quantity on a continuous spectrum, encompassing all rational and irrational numbers.

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An algebraic expression that contains a square root, cube root, or any other higher root.