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-Refer to the Diagram Above

Question 101

Multiple Choice

  -Refer to the diagram above.If this country opens up to international trade in shoes at the world price,then consumer surplus in equilibrium is equal to ____________________ per year. A)  $10,000 B)  $15,625 C)  $20,000 D)  $22,500 E)  $45,000
-Refer to the diagram above.If this country opens up to international trade in shoes at the world price,then consumer surplus in equilibrium is equal to ____________________ per year.


A) $10,000
B) $15,625
C) $20,000
D) $22,500
E) $45,000

Correct Answer:

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