-Refer to the Diagram Above,where S and D Are the Domestic

Multiple Choice

-Refer to the diagram above,where S and D are the domestic supply and demand curves for a product.The world price of the product is $6.The total revenue that would go to domestic producers would be ________ if this market were closed to international trade,but only ________ if the domestic market were open to international trade.

A) $600;$240
B) $600;$120
C) $500;$240
D) $240;$120
E) $400;$220