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ncements ments D Question 25 (Figure: The Market for Apple AirPods) Use Figure: The Market for Apple AirPods. Assume that 3d represents the dot

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ncements ments D Question 25 (Figure: The Market for Apple AirPods) Use Figure: The Market for Apple AirPods. Assume that 3d represents the dot pply curve and that the demand curve. If the world price equals $120, and there is free trade, domestic consumer surplus and domestic product warpla compared with the site whe trade. Price $140 People 130 Macmillan Learning 120 110 My Media 100 88 0 100 150 200 250 300 Quantity (thousands) O increases; increases O decreases; increases O increases; decreases

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