Problem
13 13 Activity 1 D = 200 - 40P, and S = 40 + 40P D = 200 - 40P, and S = 40 + 40P D* = 160 - 40P, and S* = 80 + 40P D* = 160 - 40P, and S* = 80 + 40P Draw Homes Demand and Supply curve Draw Homes Demand and Supply curve Find the MD and XS curve Find the MD and XS curve What are the price and output with no trade, and in case there is trade between the two countries? What are the price and output with no trade, and in case there is trade between the two countries?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.