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Posted: **Fri Jul 01, 2022 8:12 am**

: Question 5 1 Point The World Price Of Bananas Is 2 And The Domestic Price Of Bananas Would Be 10 If There Were No Tr 1 (35.96 KiB) Viewed 34 times

: Question 5 1 Point The World Price Of Bananas Is 2 And The Domestic Price Of Bananas Would Be 10 If There Were No Tr 2 (67.07 KiB) Viewed 34 times

Question 5 (1 point) The world price of bananas is $2 and the domestic price of bananas would be $10 if there were no trade. Who is most likely to be against opening up trade? O Domestic producers of bananas Domestic buyers of bananas Economists in the domestic country Everyone in the domestic country would be happy to open trade

Price $12 . $6 $4 6; $10 08; $4 Marginal social cost 6; $6 Supply Demand 12 The graph shows the marginal social cost, demand, and supply curves in the market. What is the socially optimal quantity and price respectively? 04; $8 Quantity