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-Refer to the Diagram Above

Question 121

Multiple Choice

  -Refer to the diagram above.If this country opens up to international trade in shoes at the world price,then producer surplus in equilibrium is equal to ____________________ per year. A)  $2500 B)  $5000 C)  $10,000 D)  $20,000 E)  $22,500
-Refer to the diagram above.If this country opens up to international trade in shoes at the world price,then producer surplus in equilibrium is equal to ____________________ per year.


A) $2500
B) $5000
C) $10,000
D) $20,000
E) $22,500

Correct Answer:

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