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Figure 9-22 The Following Diagram Shows the Domestic Demand and Domestic Supply

Question 24

Multiple Choice

Figure 9-22
The following diagram shows the domestic demand and domestic supply in a market.In addition,assume that the world price in this market is $40 per unit. Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market.In addition,assume that the world price in this market is $40 per unit. -Refer to Figure 9-22.With free trade,total surplus is A) $30,000. B) $66,000. C) $96,000. D) $120,000.
-Refer to Figure 9-22.With free trade,total surplus is


A) $30,000.
B) $66,000.
C) $96,000.
D) $120,000.

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