Use the following graph to answer the next six questions. 22,000 Domestic supply 20,000 18,000 16,000 Price 14,000 of 12,000 cars 10,000 (S) 8,000 World price 6,000 4,000 Domestic demand 2,000 10 20...


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Use the following graph to answer the next six questions.<br>22,000<br>Domestic<br>supply<br>20,000<br>18,000<br>16,000<br>Price 14,000<br>of 12,000<br>cars 10,000<br>(S) 8,000<br>World price<br>6,000<br>4,000<br>Domestic<br>demand<br>2,000<br>10 20 30 40 50 6o 70 80 90 100<br>Quantity of cars (thousands)<br>Without trade with the rest of the world, the number of cars exchanged at<br>equilibrium will be<br>a) 80,000<br>b) 100,000<br>c) 40,000<br>d) 20,000<br>e) 60,000<br>

Extracted text: Use the following graph to answer the next six questions. 22,000 Domestic supply 20,000 18,000 16,000 Price 14,000 of 12,000 cars 10,000 (S) 8,000 World price 6,000 4,000 Domestic demand 2,000 10 20 30 40 50 6o 70 80 90 100 Quantity of cars (thousands) Without trade with the rest of the world, the number of cars exchanged at equilibrium will be a) 80,000 b) 100,000 c) 40,000 d) 20,000 e) 60,000

Jun 09, 2022
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