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Assignment question of coquitlam college Price Quantity demanded Quantity supplied (dollars per unit) (units per day) (units per day) 200 140 S 190 160 12

Assignment question of coquitlam college

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Price Quantity demanded Quantity supplied (dollars per unit) (units per day) (units per day) 200 140 S 190 160 12 180 180 16 170 200 20 160 220 24 150 240 The table above has the domestic supply and domestic demand schedules for a product. What is the equilibrium price with no trade? Over what range of prices will the country export the good? Over what range will it import the good? Suppose the world price is $20. What is the quantity demanded, the quantity supplied, and the amount of the good exported or imported

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