If a nation imports a good that can be domestically produced, what happens to the quantity consumed of the good and why? the quantity consumed decreases because the market price decreases. the quantity consumed increases because the market price decreases. the quantity consumed remains constant because the price is unchanged. the quantity consumed decreases because the market price increases. the quantity consumed increases because the nation produces more of the good.

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Aliana Diaz

16 November, 05:36

If a nation imports a good that can be domestically produced, what happens to the quantity consumed of the good and why? the quantity consumed decreases because the market price decreases. the quantity consumed increases because the market price decreases. the quantity consumed remains constant because the price is unchanged. the quantity consumed decreases because the market price increases. the quantity consumed increases because the nation produces more of the good.

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Tequila · Answer 1

What happens if a nation still imports goods that can be produced domestically is that the domestic price will decrease or fall and this would result in the consumption increasing or rising since the availability of the good is high and these goods should be purchased, making the prices lower. The answer is the second option.