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Figure 9-8

Question 223

Multiple Choice

Figure 9-8.On the diagram below,Q represents the quantity of cars and P represents the price of cars. Figure 9-8.On the diagram below,Q represents the quantity of cars and P represents the price of cars.   -Refer to Figure 9-8.In the country for which the figure is drawn,total surplus with international trade in cars A) is represented by the area A + B + C. B) is represented by the area A + B + D. C) is smaller than producer surplus without international trade in cars. D) is larger than total surplus without international trade in cars.
-Refer to Figure 9-8.In the country for which the figure is drawn,total surplus with international trade in cars


A) is represented by the area A + B + C.
B) is represented by the area A + B + D.
C) is smaller than producer surplus without international trade in cars.
D) is larger than total surplus without international trade in cars.

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