Multiple Choice
Figure 9-17
-Refer to Figure 9-17.Without trade,consumer surplus is
A) $400 and producer surplus is $200.
B) $400 and producer surplus is $800.
C) $1,600 and producer surplus is $200.
D) $1,600 and producer surplus is $800.
Correct Answer:

Verified
Correct Answer:
Verified
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