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Use the following to answer question: Use the following to answer question:   -(Figure: The Market for Calculators) Use Figure: The Market for Calculators.Assume that S and D represent the domestic demand and supply of calculators.The world price,P<sub>W</sub>,equals $100.The government imposes a quota restricting imports to 25 calculators.If import licenses are granted to foreigners,the net loss due to the import quota is equal to area: A) K + L. B) G + J. C) G + H + I + J. D) G + H + I + J + K + L.
-(Figure: The Market for Calculators) Use Figure: The Market for Calculators.Assume that S and D represent the domestic demand and supply of calculators.The world price,PW,equals $100.The government imposes a quota restricting imports to 25 calculators.If import licenses are granted to foreigners,the net loss due to the import quota is equal to area:


A) K + L.
B) G + J.
C) G + H + I + J.
D) G + H + I + J + K + L.

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