Figure: The Market for MP₃ Players
(Figure: The Market for MP₃ Players) Look at the figure The Market for MP₃ Players.In the market for MP₃ players, if the world price equals $100 and there is free trade, what is the gain in consumer surplus?
A.$5 million
B.$2.5 million
C.$2 million
D.$750,000

Question

Figure: The Market for MP₃ Players
   (Figure: The Market for MP₃ Players) Look at the figure The Market for MP₃ Players.In the market for MP₃ players, if the world price equals $100 and there is free trade, what is the gain in consumer surplus? 
A.$5 million
B.$2.5 million
C.$2 million
D.$750,000

Quizplus · Accepted Answer

The Answer of Figure: The Market for MP₃ Players
   (Figure: The Market for MP₃ Players) Look at the figure The Market for MP₃ Players.In the market for MP₃ players, if the world price equals $100 and there is free trade, what is the gain in consumer surplus? 
A.$5 million
B.$2.5 million
C.$2 million
D.$750,000

Figure: the Market for MP₃ Players