Use the following to answer question: 
-(Figure: The Domestic Supply and Demand for SUVs in the United States) Use Figure: The Domestic Supply and Demand for SUVs in the United States.Suppose the world price equals $50,000 and there is free trade.In the United States,consumer surplus would _____ and producer surplus would _____.
A) increase;decrease
B) increase;increase
C) decrease;decrease
D) decrease;increase
Correct Answer:
Verified
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