Refer to Figure 9.7. After the policy was implemented, price became

A) $10.
B) $30.
C) $50.
D) $70.
E) between $50 and $70, but the price is uncertain because quantity can be any amount between 2000 and 4000.


C

Economics

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The gravity equation uses a calculation to predict the level of bilateral trade based directly on ____ and inversely on _____.

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