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The Following Figure Shows the Demand Curve, D, and the Supply

Question 164

Multiple Choice

The following figure shows the demand curve, D, and the supply curve, S, for calculators in Barylia. The world price of calculators is $40.
The following figure shows the demand curve, D, and the supply curve, S, for calculators in Barylia. The world price of calculators is $40. -Refer to the figure above.What is the consumer surplus before Barylia opens up to free trade? A) $250 B) $300 C) $350 D) $400
-Refer to the figure above.What is the consumer surplus before Barylia opens up to free trade?


A) $250
B) $300
C) $350
D) $400

Correct Answer:

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