Country X Price Osd $ 5 200 400 4 250 350 3 300 300 350 250 1 400 200 The accompanying table gives data for Country X. Column 1 of the table is the price of a product. Column 2 is the quantity...


Country X<br>Price<br>Osd<br>$ 5<br>200<br>400<br>4<br>250<br>350<br>3<br>300<br>300<br>350<br>250<br>1<br>400<br>200<br>The accompanying table gives data for Country X. Column 1 of the table is the price of a product. Column 2 is the quantity demanded<br>domestically (Qdd), and Column 3 is the quantity supplied domestically (Qsd). If Country X opens itself up to international trade, at what<br>world price will it begin exporting some units of the product?<br>

Extracted text: Country X Price Osd $ 5 200 400 4 250 350 3 300 300 350 250 1 400 200 The accompanying table gives data for Country X. Column 1 of the table is the price of a product. Column 2 is the quantity demanded domestically (Qdd), and Column 3 is the quantity supplied domestically (Qsd). If Country X opens itself up to international trade, at what world price will it begin exporting some units of the product?
any price above $3<br>any price below $3<br>any price above $5<br>any price below $5<br>

Extracted text: any price above $3 any price below $3 any price above $5 any price below $5

Jun 07, 2022
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