--%>

Illustrate the world price on the graph

The U.S. domestic market for T-shirts is illustrtaed below.

209_vs343.png

The world price of T-shirts is $5.00 and the U.S. can buy all of the T-shirts it desire at that price. Illustrate the world price on the graph above. Will the U.S. export or import T-shirts? How several will be traded?

If the world price of T-shirts is $5.00, the U.S. will import T-shirts. They will import (QD - QS) T-shirts.

 

1067_ans.png

   Related Questions in Biology

  • Q : Contributions of the human relations

    Contributions of the human relations approach There is a departure from the scientific management approach regarding the influence of engineering factors for influen

  • Q : Tolerance in Homo neanderthalensis Homo

    Homo neanderthalensis was an extinct human species that lived in Europe and western Asia, and members of this species subsisted exclusively on hunted and gathered foods. Based on your knowledge of milk tolerance in humans, would you suppose that Homo neanderthalensis

  • Q : Write down the cell types which form

    Write down the cell types which form xylem? And also write down the main aspects of those cells?

  • Q : Phylum Annelida How digestion in beings

    How digestion in beings of the phylum Annelida work does and what kind of digestive system do they contain?

  • Q : Which structures do sperm cells go till

    After passing epididymides by which structures do sperm cells go till exteriorization?

  • Q : Define antigensity Define antigensity?

    Define antigensity? Answer: The capability of an antigen to join particularly with the final products of immune response is termed as antigensity.   <

  • Q : Original equilibrium and effect of

    Assume in downtown Chicago the equilibrium rent for two-bedroom apartment is $900 per month. The city council decides to place price ceiling on apartments and will not permit landlords to charge more than $700 per month. Draw this condition using a graph. E

  • Q : What is artificial active immunity What

    What is artificial active immunity? Explain with example.

  • Q : State Public Relations Public Relations

    Public Relations: These are the practice of managing the flow of information among a particular or an organization and the public. It may comprise an organization or particular gaining exposure to their audiences by using section of public interest an

  • Q : Functions of separation of homologous

    Write down the respective functions of separation of homologous chromosomes and of separation of identical chromatids in the meiosis?