Suppose the domestic supply (Q^S) and demand (Q^D) for skateboards in the United States are given by the following set of equations: $$\begin{array} { l } Q ^ { S } = - 60 + 3 P \ Q ^ { D } = 390 - 2 P \end{array}$$ Calculate the change in producer surplus when the United States engages in free trade and imports skateboards from the rest of the world at a per unit price of $75. A)+$2,812.50. B)-$2,812.50. C)+$3,375. D)-$3,375.

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The Answer of Suppose the domestic supply (Q^S) and demand (Q^D) for skateboards in the United States are given by the following set of equations: $$\begin{array} { l } Q ^ { S } = - 60 + 3 P \ Q ^ { D } = 390 - 2 P \end{array}$$ Calculate the change in producer surplus when the United States engages in free trade and imports skateboards from the rest of the world at a per unit price of $75. A)+$2,812.50. B)-$2,812.50. C)+$3,375. D)-$3,375.

Suppose the Domestic Supply (QS) and Demand (QD) for Skateboards QS=−60+3PQD=390−2P\begin{array} { l } Q ^ { S } = - 60 + 3 P \\Q ^ { D } = 390 - 2 P\end{array}QS=−60+3PQD=390−2P​

Suppose the Domestic Supply (Q^S) and Demand (Q^D) for Skateboards $\begin{array} { l } Q ^ { S } = - 60 + 3 P \\Q ^ { D } = 390 - 2 P\end{array}$