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This Graph Demonstrates the Domestic Demand and Supply for a Good,as

Question 62

Multiple Choice

This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good. According to the graph shown,if this economy were an autarky,consumers would get area: A) A in consumer surplus. B) ABC in consumer surplus. C) ABCD in consumer surplus. D) ABCDEFG in consumer surplus. According to the graph shown,if this economy were an autarky,consumers would get area:


A) A in consumer surplus.
B) ABC in consumer surplus.
C) ABCD in consumer surplus.
D) ABCDEFG in consumer surplus.

Correct Answer:

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