The First Panel in the Following Figure Shows the Domestic

question 32

Multiple Choice

The first panel in the following figure shows the domestic demand (D) and supply (S) curves of Columbian coffee and the second panel shows the import demand and export supply of Columbian coffee in the international market. Figure 20.1 Refer to Figure 20.1.If the price of coffee in the international market is $14:

• A)there will be an excess demand of 10 pounds in Columbia's domestic market.
• B)Columbia's domestic market for coffee will be in equilibrium.
• C)there will be an excess demand for Columbian coffee in the international market.
• D)the international market for coffee will be in equilibrium.
• E)Columbia will export 4 pounds of coffee.

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Definitions:

Supergroup

A high-level taxonomic rank in biological classification above the level of kingdom, used in some classifications for organisms that are genetically distant.

Single Flagellum

A structure used by some cells for movement, consisting of a long, whip-like appendage that drives the cell forward.

Amoebas

A group of protozoan single-celled organisms with the ability to change shape, known for their movement via pseudopodia.

Two Or More Flagella

The characteristic of an organism having multiple flagella, allowing for enhanced mobility and interaction with its environment.