24. The table below lists the price and quantities demanded and supplied of tons of cotton in the countries of Boonton a

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24. The table below lists the price and quantities demanded and supplied of tons of cotton in the countries of Boonton a

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24 The Table Below Lists The Price And Quantities Demanded And Supplied Of Tons Of Cotton In The Countries Of Boonton A 1
24 The Table Below Lists The Price And Quantities Demanded And Supplied Of Tons Of Cotton In The Countries Of Boonton A 1 (55.38 KiB) Viewed 31 times
24. The table below lists the price and quantities demanded and supplied of tons of cotton in the countries of Boonton and Questville. Boonton Boonton Questville Questville Price Cotton demand Cotton supply Cotton Demand Cotton Supply $10 1645 1315 1710 1292.5 $15 1580 1360 1645 1337.5 $20 1515 1405 1612.5 1382.5 $25 1450 1450 1547.5 1450 $30 1385 1495 1482.5 1427.5 $35 1320 1540 1450 1450 $40 1255 1585 1385 1495 If the world price is currently $35, which of the following is true? Boonton will export Boonton will import Nothing will happen How many tons of cotton will Boonton import or export at that price?
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