In the absence of traded, Norway’s equilibrium price and quantity equal?

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254EconomicsMedium

A$2,500 and 2,000 computers

B$3,500 and 2,000 computers

C$1,500 and 2,800 computers

D$2,000 and 1,600 computers

Correct answer

A. $2,500 and 2,000 computers

Explanation

The correct answer is $2,500 and 2,000 computers.

In the absence of traded, Norway’s equilibrium price and quantity equal? - Answer and Explanation | Academy of Pakistan