Use the following to answer question:
-(Figure: The Market for Computers) Use Figure: The Market for Computers.Assume that P_A is the autarky price and P_W is the world price.Consumer surplus without international trade would be area:

Question

Use the following to answer question:

-(Figure: The Market for Computers) Use Figure: The Market for Computers.Assume that P_A is the autarky price and P_W is the world price.Consumer surplus without international trade would be area:

Quizplus · Accepted Answer

Consumer surplus without international trade is the area below the demand curve and above the autarky price. This area is W + X.

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