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The Following Figure Shows the Demand Curve, D, and Supply

Question 17

Multiple Choice

The following figure shows the demand curve, D, and supply curve, S, of ballpoint pens in Lithasia. The world price of pens is $2.
The following figure shows the demand curve, D, and supply curve, S, of ballpoint pens in Lithasia. The world price of pens is $2. -Refer to the figure above.What is the total surplus before Lithasia opens up to free trade? A) $10 B) $20 C) $30 D) $40
-Refer to the figure above.What is the total surplus before Lithasia opens up to free trade?


A) $10
B) $20
C) $30
D) $40

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