Multiple Choice
Figure 9-10

-Refer to Figure 9-10.The change in total surplus in this market because of trade is
A) A, and this area represents a loss of total surplus.
B) B, and this area represents a gain in total surplus.
C) C, and this area represents a loss of total surplus.
D) D, and this area represents a gain in total surplus.
Correct Answer:
Verified
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