Multiple Choice
Figure 9-11
-Refer to Figure 9-11.The change in total surplus in this market because of trade is
A) A,and this area represents a loss of total surplus.
B) B,and this area represents a gain in total surplus.
C) C,and this area represents a loss of total surplus.
D) D,and this area represents a gain in total surplus.
Correct Answer:

Verified
Correct Answer:
Verified
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