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Table 34-4 Table 34-4 Presents the Demand and Supply Schedules for Schedules

Question 63

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Table 34-4
Table 34-4 Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States. If the United States and Japan trade with each other, what will happen to the output of television sets in the United States? A) TV production in the United States will fall by 10,000 units. B) TV production in the United States will fall by 20,000 units. C) TV production in the United States will fall by 30,000 units. D) TV production in the United States will increase by 10,000 units. Table 34-4 presents the demand and supply schedules for television sets in Japan and the United States. If the United States and Japan trade with each other, what will happen to the output of television sets in the United States?


A) TV production in the United States will fall by 10,000 units.
B) TV production in the United States will fall by 20,000 units.
C) TV production in the United States will fall by 30,000 units.
D) TV production in the United States will increase by 10,000 units.

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