Multiple Choice

-The above figure shows the domestic market for tomatoes. Suppose this market is isolated from global competition and there is a support price set at $16. In this figure, what area equals the total subsidy paid to tomato farmers?
A) Area A
B) Area B + area C + area D + area F
C) Area E
D) Area C + area D + area E + area G
E) Area F
Correct Answer:
Verified
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