The demand for microwaves in a certain country is given by: D = 10,000 40P, where P is the price of a microwave. Supply by domestic microwave producers is: S = 5,000 + 12P. If this economy opens to trade while the world price of a microwave is $120, how many microwaves will be imported or exported?

Select one:

a. 1,240 exported

b. 620 exported

c. 1,860 imported

d. 1,240 imported