Figure 9-15
-Refer to Figure 9-15.Producer surplus with trade and without a tariff is
A)G.
B)C + G.
C)A + C + G.
D)A + B + C + G.

Name: Figure 9-15 -Refer to Figure 9-15.Producer surplus with trade and without a tariff is A)G. B)C + G. C)A + C + G. D)A + B + C + G.
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Question

Figure 9-15 
-Refer to Figure 9-15.Producer surplus with trade and without a tariff is
A)G. 
B)C + G. 
C)A + C + G. 
D)A + B + C + G.

Quizplus · Accepted Answer

Producer surplus with trade and without a tariff is the area between the supply curve and the world price line, which is shown as area G. Therefore, the correct answer is A.

Figure 9-15 -Refer to Figure 9-15.Producer Surplus with Trade and Without a and Without