Figure: The Domestic Supply and Demand for SUVs in the United States
(Figure: The Domestic Supply and Demand for SUVs in the United States) Look at the figure The
Domestic Supply and Demand for SUVs in the United States.Suppose the world price equals
$50,000 and there is free trade.In the United States, consumer surplus would and
producer surplus would with free trade.
A.increase; decrease
B.increase; increase
C.decrease; decrease
D.decrease; increase
Correct Answer:
Verified
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