Figure 9-2
-Refer to Figure 9-2. With trade, total surplus is
A)$9,720.
B)$3,000.
C)$23,280.
D)$19,440.

Question

Figure 9-2  ​
-Refer to Figure 9-2. With trade, total surplus is
A)$9,720. 
B)$3,000. 
C)$23,280. 
D)$19,440.

Quizplus · Accepted Answer

With trade, total surplus is calculated by adding consumer surplus, producer surplus, and the gains from trade. Without specific details from Figure 9-2, the correct answer is based on the assumption that choice C accurately reflects the sum of these components based on the given figure.

Figure 9-2 ​

Figure 9-2