-Refer to Exhibit 34-2.The U.S.demand and supply for a good are shown.Under a policy of free trade,the world price is P_W.At this price,consumers' surplus equals the area of

Question

-Refer to Exhibit 34-2.The U.S.demand and supply for a good are shown.Under a policy of free trade,the world price is P<sub>W</sub>.At this price,consumers' surplus equals the area of A) P<sub>W</sub> DE. B) P<sub>W</sub> AB. C) P<sub>W</sub> AC. D) P<sub>W</sub> P<sub>N</sub>BD.

Quizplus · Accepted Answer

The Answer of -Refer to Exhibit 34-2.The U.S.demand and supply for a good are shown.Under a policy of free trade,the world price is P_W.At this price,consumers' surplus equals the area of A) P_W DE. B) P_W AB. C) P_W AC. D) P_W P_NBD.