The following table gives the hypothetical supply and demand of television sets in Guatemala. Guatemala is a small country that is unable to affect world prices. The world price (free-trade price) is $300 per TV set. 
With free trade, how many TV sets will Guatemala produce?
Definitions:
Accounts Payable Account
An accounting entry that represents a company's obligation to pay off a short-term debt to its creditors or suppliers.
Cash Account
An account that tracks the flow of cash transactions, including receipts and payments, impacting a business's overall cash balance.
Subsidiary Ledger
A detailed ledger that provides a breakdown of individual transactions affecting a specific general ledger account, facilitating in-depth analysis and reconciliation.
General Ledger
A comprehensive record of all financial transactions over the life of a company.
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