Figure 9-5 -Refer to Figure 9-5. the Change in Total Surplus in Total

Multiple Choice

Figure 9-5
-Refer to Figure 9-5. 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.