The following figure shows the intersection of the demand and supply curves for a commodity in the domestic market at price P 2 and quantity Q 2 ,in the absence of trade.With trade,the supply curve shifts to Supply trade .
Figure 10-4
-Refer to Figure 10-4.When foreign suppliers enter the domestic market the total consumer surplus becomes _____.
A)a + b + c + d
B)a + b + c + f + g + h
C)a + b + c + f + g + j
D)a + b + c + f + g + h + i

Question

The following figure shows the intersection of the demand and supply curves for a commodity in the domestic market at price P 2 and quantity Q 2 ,in the absence of trade.With trade,the supply curve shifts to Supply trade .
Figure 10-4 
-Refer to Figure 10-4.When foreign suppliers enter the domestic market the total consumer surplus becomes _____.
A)a + b + c + d 
B)a + b + c + f + g + h 
C)a + b + c + f + g + j 
D)a + b + c + f + g + h + i

Quizplus · Accepted Answer

The Answer of The following figure shows the intersection of the demand and supply curves for a commodity in the domestic market at price P 2 and quantity Q 2 ,in the absence of trade.With trade,the supply curve shifts to Supply trade .
Figure 10-4 
-Refer to Figure 10-4.When foreign suppliers enter the domestic market the total consumer surplus becomes _____.
A)a + b + c + d 
B)a + b + c + f + g + h 
C)a + b + c + f + g + j 
D)a + b + c + f + g + h + i

The Following Figure Shows the Intersection of the Demand and Supply