Graph 9-4
This graph refers to the market for kiwifruit in New Zealand.
-According to Graph 9-4, producer surplus in New Zealand before trade is:
A)a
B)a + b
C)c + b + d

Question

Graph 9-4
This graph refers to the market for kiwifruit in New Zealand. 
-According to Graph 9-4, producer surplus in New Zealand before trade is:
A)a 
B)a + b 
C)c + b + d

Quizplus · Accepted Answer

Producer surplus is represented by area c in the graph, and this is the amount that producers would receive for selling their kiwifruit domestically. Therefore, before trade, the producer surplus is only equal to c.

Graph 9-4 This Graph Refers to the Market for Kiwifruit in New