Suppose the domestic supply (QSU.S.) and demand (QDU.S) for bicycles in the United States is represented by the following set of equations:QSU.S. = 2PQDU.S. = 200 - 2P.Demand (QD) and supply (QS) in the rest of the world is represented by the equations:QS = PQD =160 - P.Quantities are measured in thousands and price, in U.S. dollars.In the absence of international trade, ________ thousand bicycles will be sold in the United States at a per unit price of

If a state government finances treatment facilities for alcoholics out of revenues from a tax on liquor, it is

a. basing its taxation on ability to pay b. levying a proportional tax c. able to afford fewer treatment facilities when liquor sales decrease d. discouraging alcoholics from seeking treatment at government facilities e. providing a service that the private sector cannot provide

Office Paper is an office supply firm. If the managers of Office Paper sell 1,000 boxes of staples a year and they place 5 orders a year, how many boxes of staples are in each order?

A) 20 B) 950 C) 50 D) 200