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    Microeconomics Study Set 40
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    Exam 4: Consumer and Producer Surplus
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    Figure: the Gains from Trade
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Figure: the Gains from Trade

Question 43

Question 43

Essay

Figure: The Gains from Trade
Figure: The Gains from Trade    (Figure: The Gains from Trade) Look at the figure The Gains from Trade.What is the total surplus in this market when the demand curve is D1 and the market is in equilibrium?  A.$25 B.$31.25 C.$62.50 D.$90 (Figure: The Gains from Trade) Look at the figure The Gains from Trade.What is the total surplus in this market when the demand curve is D1 and the market is in equilibrium?
A.$25
B.$31.25
C.$62.50
D.$90

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