The Table Below Shows the Quantity Demanded (In Thousands)and Quantity

question 98

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S.and Canada at different prices. Table 34.5
According to Table 34.5, the international equilibrium price of computers is:

• A)$2, 000.
• B)$1, 600.
• C)$1, 800.
• D)$1, 400.
• E)$1, 200.

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Definitions:

Canada Savings Bond

A secure investment product offered by the Government of Canada that provides a guaranteed interest rate over a fixed period.

Maturity Value

The total amount payable to an investor at the end of a fixed-term investment, including the principal and the interest.

Strip Bond

A fixed-income security that is created by separating the principal and interest payments of a longer-term bond, selling them as individual zero-coupon bonds.

Yield Rate

Yield rate represents the earnings generated and realized on an investment over a particular period, expressed as a percentage.