Figure 9-9
-Refer to Figure 9-9.The change in total surplus in this market because of trade is
A)D,and this area represents a loss of total surplus because of trade.
B)D,and this area represents a gain in total surplus because of trade.
C)B + D,and this area represents a loss of total surplus because of trade.
D)B + D,and this area represents a gain in total surplus because of trade.

Question

Figure 9-9 
-Refer to Figure 9-9.The change in total surplus in this market because of trade is
A)D,and this area represents a loss of total surplus because of trade. 
B)D,and this area represents a gain in total surplus because of trade. 
C)B + D,and this area represents a loss of total surplus because of trade. 
D)B + D,and this area represents a gain in total surplus because of trade.

Quizplus · Accepted Answer

The Answer of Figure 9-9 
-Refer to Figure 9-9.The change in total surplus in this market because of trade is
A)D,and this area represents a loss of total surplus because of trade. 
B)D,and this area represents a gain in total surplus because of trade. 
C)B + D,and this area represents a loss of total surplus because of trade. 
D)B + D,and this area represents a gain in total surplus because of trade.

Figure 9-9 -Refer to Figure 9-9.The Change in Total Surplus in This