Exhibit 19.7 -Refer to Exhibit 19.7,which Shows the Demand for and the Demand

Exhibit 19.7

-Refer to Exhibit 19.7,which shows the demand for and the supply of a good in a country.If the world price of the good is $2.00 per unit and an import quota of 50 units per month is imposed,the welfare loss resulting from higher domestic production costs is represented by area(s) _____

A) a.
B) b.
C) c and d.
D) g and h.
E) e.