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(Figure: Market for Pants) According to the Figure, If There

Question 59

Multiple Choice

(Figure: Market for Pants) According to the figure, if there is no international trade in this market, the value of the consumer surplus is:
(Figure: Market for Pants) According to the figure, if there is no international trade in this market, the value of the consumer surplus is: A) $1,600,000. B) $800,000. C) $2,500,000. D) $1,250,000.


A) $1,600,000.
B) $800,000.
C) $2,500,000.
D) $1,250,000.

Correct Answer:

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