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Use the following to answer question: Use the following to answer question:   -(Figure: The Market for Beats by Dre) Use Figure: The Market for Beats by Dre.Assume that S<sub>d</sub> represents the domestic supply curve and D<sub>d</sub> represents the domestic demand curve.If the world price equals $100 and there is free trade,what is the gain in consumer surplus? A) $5 million B) $2.5 million C) $2.25 million D) $750,000
-(Figure: The Market for Beats by Dre) Use Figure: The Market for Beats by Dre.Assume that Sd represents the domestic supply curve and Dd represents the domestic demand curve.If the world price equals $100 and there is free trade,what is the gain in consumer surplus?


A) $5 million
B) $2.5 million
C) $2.25 million
D) $750,000

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