Question 1 10 pts The domestic supply and demand for UK fruits are: S: p=100+2q D: p=500-3q What is the autarchy quantity and autarchy price?
Question 1 10 pts The domestic supply and demand for UK fruits are: S: p=100+2q D: p=500-3q What is the autarchy quantity and autarchy price? 80 P- 260 (Please enter an integer without space or comma in each of the above cells) Question 2 10 pts Continuing the previous problem. what is the consumer surplus in autarchy? (Please enter an integer without space or comma)Question 3 10 pts Let us assume that the world price is p_w=200. What can we say about this market? O It is an import competing market, therefore the country has an advantage in this product. O It is an import competing market, therefore the country has a disadvantage in this product. O It is a potential export market, therefore the country has an advantage in this product. O It is a potential export market, therefore the country has a disadvantage in this product
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