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Figure 9-13

Question 152

Multiple Choice

Figure 9-13. On the diagram below, Q represents the quantity of computers and P represents the price of computers.
Figure 9-13. On the diagram below, Q represents the quantity of computers and P represents the price of computers.    -Refer to Figure 9-13.A result of this country allowing international trade in computers is as follows: A) The well-being of domestic computer producers is now higher in that they now sell more computers at a higher price per computer. B) The effect on the well-being of domestic computer consumers is unclear in that they now buy more computers, but at a higher price per computer. C) The effect on the well-being of the country is unclear in that domestic producer surplus increases, while the effect on domestic consumer surplus is unclear. D) All of the above are correct.
-Refer to Figure 9-13.A result of this country allowing international trade in computers is as follows:


A) The well-being of domestic computer producers is now higher in that they now sell more computers at a higher price per computer.
B) The effect on the well-being of domestic computer consumers is unclear in that they now buy more computers, but at a higher price per computer.
C) The effect on the well-being of the country is unclear in that domestic producer surplus increases, while the effect on domestic consumer surplus is unclear.
D) All of the above are correct.

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