Figure: the Market for Oranges in South Africa

Multiple Choice

Figure: The Market for Oranges in South Africa
(Figure: The Market for Oranges in South Africa) Look at the figure The Market for Oranges in South Africa.In autarky, the price of oranges in South Africa is P₁.When the economy is opened to trade, the price falls to PW and the change in total surplus is:

A) O.
B) O + P.
C) M + N + O + P.
D) M + N + O + P + Q.