Multiple Choice
The figure below shows the domestic supply and demand of a product in the United States.
-Refer to the figure above.If the world price of this product is $14,the producer surplus in the United States before free trade is equal to ________,and the consumer surplus after free trade will equal ________ .
A) $160; $360
B) $200; $800
C) $160; $280
D) $200; $280
Correct Answer:

Verified
Correct Answer:
Verified
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