Figure: The Market for Tea in Sri Lanka
(Figure: The Market for Tea in Sri Lanka) Look at the figure The Market for Tea in Sri Lanka.In autarky, the price of tea in Sri Lanka is P₁.When the economy is opened to trade, the price rises to PW and the change in total surplus is:
A.I.
B.G + H + I.
C.G + H + I + J + K.
D.F + G + H + I + J + K.

Question

Figure: The Market for Tea in Sri Lanka
   (Figure: The Market for Tea in Sri Lanka) Look at the figure The Market for Tea in Sri Lanka.In autarky, the price of tea in Sri Lanka is P₁.When the economy is opened to trade, the price rises to PW and the change in total surplus is: 
A.I.
B.G + H + I.
C.G + H + I + J + K.
D.F + G + H + I + J + K.

Quizplus · Accepted Answer

The Answer of Figure: The Market for Tea in Sri Lanka
   (Figure: The Market for Tea in Sri Lanka) Look at the figure The Market for Tea in Sri Lanka.In autarky, the price of tea in Sri Lanka is P₁.When the economy is opened to trade, the price rises to PW and the change in total surplus is: 
A.I.
B.G + H + I.
C.G + H + I + J + K.
D.F + G + H + I + J + K.

Figure: the Market for Tea in Sri Lanka