: Price (dollars) Quantity demanded Quantity supplied 2 (units) 100 (units) 70 4 95 75 6 90 80 8 85 85 10 80 90 12 75 95 The table above shows a country's demand and supply schedules for a good. Suppose the world price is $4 a unit. The country imports 30 units. exports 20 units. ☐ exports 10 units. imports 10 units. imports 20 units.
: Price (dollars) Quantity demanded Quantity supplied 2 (units) 100 (units) 70 4 95 75 6 90 80 8 85 85 10 80 90 12 75 95 The table above shows a country's demand and supply schedules for a good. Suppose the world price is $4 a unit. The country imports 30 units. exports 20 units. ☐ exports 10 units. imports 10 units. imports 20 units.
Chapter1: Making Economics Decisions
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
Transcribed Image Text::
Price
(dollars)
Quantity demanded Quantity supplied
2
(units)
100
(units)
70
4
95
75
6
90
80
8
85
85
10
80
90
12
75
95
The table above shows a country's demand and supply schedules for a good.
Suppose the world price is $4 a unit. The country
imports 30 units.
exports 20 units.
☐ exports 10 units.
imports 10 units.
imports 20 units.
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