-The above figure shows the market for rice in Japan.S represents the domestic supply curve,and the horizontal line at P =1 represents the world supply curve.If imported rice is banned,the loss in social welfare is
A) a + b + c + d + e.
B) a.
C) c + e.
D) i.

Question

-The above figure shows the market for rice in Japan.S represents the domestic supply curve,and the horizontal line at P =1 represents the world supply curve.If imported rice is banned,the loss in social welfare is
A) a + b + c + d + e. 
B) a. 
C) c + e. 
D) i.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the market for rice in Japan.S represents the domestic supply curve,and the horizontal line at P =1 represents the world supply curve.If imported rice is banned,the loss in social welfare is
A) a + b + c + d + e. 
B) a. 
C) c + e. 
D) i.

-The Above Figure Shows the Market for Rice in Japan