A country will import a good only if
a. there is excess domestic quantity supplied at the world price
b. domestic quantity supplied is greater than world quantity supplied
c. domestic quantity demanded is less than world quantity demanded
d. domestic quantity demanded is zero at the world price
e. excess quantity demanded is positive at the world price
E
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_____________is the extra revenue associated with the production and sale of one additional unit of output.
Fill in the blank(s) with the appropriate word(s).
Jayanthi moves her yoga studio from her home to a space she rents in Oakland, California. Holding everything else constant, as a result of this move
A) her implicit cost falls and her explicit cost rises. B) her opportunity cost rises. C) her economic cost rises. D) her explicit cost falls and her implicit cost rises.