The figure above shows the U.S. demand and U.S. supply curves for cherries. At a world price of $2 per pound, the total exports of cherries from the United States to other nations equals
A) 200,000 pounds.
B) 400,000 pounds.
C) 600,000 pounds.
D) 800,000 pounds.
E) 0 pounds.
B
Economics
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Indicate whether the statement is true or false
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Which of the following may be sacrificed when pursuing growth policies?
a. Environmental regulations and air quality b. Anti-monopoly, pro-competitive legislation c. Safety net programs such as food stamps d. All of the above e. Technological progress
Economics