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A-Level Economics · World price above equilibrium (exports) diagram question

Which point shows the quantity domestic CONSUMERS buy at the world price?

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The diagram

The answer

Point A. Read across from PW to the DEMAND curve, then down: home buyers take only Q₂ (2) at that price. Quantity demanded always lives on Dd: across from PW to point A, then down — 2 units. Point B is on Sd, the quantity supplied. Two curves, two readings, never mixed.

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This is one of 6 questions on the world price above equilibrium (exports) diagram — every corner lettered, every wrong answer diagnosed.

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