Figure 9-4 -Refer to Figure 9-4. the Change in Total Surplus in Total

Multiple Choice

Figure 9-4
-Refer to Figure 9-4. The change in total surplus in this market because of trade is

A) D, and this area represents a loss of total surplus because of trade.
B) D, and this area represents a gain in total surplus because of trade.
C) B + D, and this area represents a loss of total surplus because of trade.
D) B + D, and this area represents a gain in total surplus because of trade.