Figure 9-21
The following diagram shows the domestic demand and domestic supply for a market.In addition,assume that the world price in this market is $40 per unit.
-Refer to Figure 9-21.Consumer surplus with free trade is
A)$4,000.
B)$8,000.
C)$16,000.
D)$18,000.

Question

Figure 9-21
The following diagram shows the domestic demand and domestic supply for a market.In addition,assume that the world price in this market is $40 per unit. 
-Refer to Figure 9-21.Consumer surplus with free trade is
A)$4,000. 
B)$8,000. 
C)$16,000. 
D)$18,000.

Quizplus · Accepted Answer

The Answer of Figure 9-21
The following diagram shows the domestic demand and domestic supply for a market.In addition,assume that the world price in this market is $40 per unit. 
-Refer to Figure 9-21.Consumer surplus with free trade is
A)$4,000. 
B)$8,000. 
C)$16,000. 
D)$18,000.

Figure 9-21 The Following Diagram Shows the Domestic Demand and Domestic Supply