(All Steps) (5 marks) Mark on a new diagram a world price of 30 (1 mark); explain why no goods will be bought or sold at the autarky price (1 mark); how
Question: (5 marks) Mark on a new diagram a world price of 30 (1 mark); explain why no goods will be bought or sold at the autarky price (1 mark); how much is demanded at price 30? (1 mark); how much is supplied (1 mark); explain what happens to the difference between supply and demand at that price (1 mark).
Deliverable: Word Document 
(Step-by-Step) (5 marks) Mark on a new diagram a world price of
(Step-by-Step) (2 marks) Mark on two new diagrams what the supply
(See Solution) (7 marks) Consider a market described by these demand
![[Solution Library] (1 marks) Are your results](/images/solutions/MC-solution-library-76088.jpg "[Solution Library] (1 marks) Are your results dependent on the")
[Solution Library] (1 marks) Are your results dependent on the
![[Solution] (2 marks) Using these results, or](/images/solutions/MC-solution-library-76089.jpg "[Solution] (2 marks) Using these results, or otherwise, comment")
[Solution] (2 marks) Using these results, or otherwise, comment
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