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Figure 7.1 Figure 7.1 Shows Canadian Demand and Supply for Leather Footwear

Question 74

Multiple Choice
Figure 7.1 Figure 7.1 shows Canadian demand and supply for leather footwear. -Refer to Figure 7.1.Under autarky, the consumer surplus is ________ and the producer surplus is ________.

Figure 7.1
Figure 7.1 Figure 7.1 shows Canadian demand and supply for leather footwear. -Refer to Figure 7.1.Under autarky, the consumer surplus is ________ and the producer surplus is ________. A) $195; $105 B) $300; $285 C) $260; $40 D) $555; $105
Figure 7.1 shows Canadian demand and supply for leather footwear.
-Refer to Figure 7.1.Under autarky, the consumer surplus is ________ and the producer surplus is ________.


A) $195; $105
B) $300; $285
C) $260; $40
D) $555; $105

Correct Answer:

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