Figure 9-29
The following diagram shows the domestic demand and domestic supply curves in a market.Assume that the world price in this market is $1 per unit.
-Refer to Figure 9-29.With no trade allowed,how much are consumer surplus,producer surplus,and total surplus?

Question

Figure 9-29
The following diagram shows the domestic demand and domestic supply curves in a market.Assume that the world price in this market is $1 per unit. 
-Refer to Figure 9-29.With no trade allowed,how much are consumer surplus,producer surplus,and total surplus?

Quizplus · Accepted Answer

The Answer of Figure 9-29
The following diagram shows the domestic demand and domestic supply curves in a market.Assume that the world price in this market is $1 per unit. 
-Refer to Figure 9-29.With no trade allowed,how much are consumer surplus,producer surplus,and total surplus?

Figure 9-29 The Following Diagram Shows the Domestic Demand and Domestic Supply