Given the above graph, what are the imports and exports for this country?       a- It imports 25 computers and exports 275 shoes       b- It exports 25 computers and imports 275 shoes       c- It imports 125 computes and exports 350 sh

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Given the above graph, what are the imports and exports for this country?

 

 

 

a- It imports 25 computers and exports 275 shoes

 

 

 

b- It exports 25 computers and imports 275 shoes

 

 

 

c- It imports 125 computes and exports 350 shoes

 

 

 

d- It exports 125 computes and imports 350 shoes

Given the above graph, what are the imports and exports for this country?
a- It imports 25 computers and exports 275 shoes
b- It exports 25 computers and imports 275 shoes
c- It imports 125 computes and exports 350 shoes
d- It exports 125 computes and imports 350 shoes
Transcribed Image Text:Given the above graph, what are the imports and exports for this country? a- It imports 25 computers and exports 275 shoes b- It exports 25 computers and imports 275 shoes c- It imports 125 computes and exports 350 shoes d- It exports 125 computes and imports 350 shoes
What is the free-trade equilibrium produced by this country?
a- Point A
b- Point B
C-Point C
d- Point D
Shoes
500
&
150
175 200
300
Computers
Transcribed Image Text:What is the free-trade equilibrium produced by this country? a- Point A b- Point B C-Point C d- Point D Shoes 500 & 150 175 200 300 Computers
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