According to Figure 4.1, the world price is $3. With free trade, Mexico imports: (A) 40 calculators (B) 60 calculators C) 80 calculators (D) 100 calculators

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Figure 4.1.
A
B
40 calculators
60 calculators
80 calculators
14
100 calculators
09
0
10
40
60
80
According to Figure 4.1, the world price is $3. With free trade, Mexico imports:
SMexico
Price world+Tarrif
110
Price World
Mexico
Pocket
Calculators
:
Transcribed Image Text:Figure 4.1. A B 40 calculators 60 calculators 80 calculators 14 100 calculators 09 0 10 40 60 80 According to Figure 4.1, the world price is $3. With free trade, Mexico imports: SMexico Price world+Tarrif 110 Price World Mexico Pocket Calculators :
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