[Steps Shown] (5 marks) Mark on a new diagram a world price of 20 (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 20 (1 mark); explain why no goods will be bought or sold at the autarky price (1 mark); how much is demanded at price 20? (1 mark); how much is supplied (1 mark); explain what happens to the difference between demand and supply at that price (1 mark).

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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