Figure 9-1
The figure illustrates the market for coffee in Guatemala.
-Refer to Figure 9-1.In the absence of trade,total surplus in Guatemala is represented by the area

Name: Figure 9-1 The figure illustrates the market for coffee in Guatemala. -Refer to Figure 9-1.In the absence of trade,total surplus in Guatemala is represented by the area
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Question

Figure 9-1
The figure illustrates the market for coffee in Guatemala. 
-Refer to Figure 9-1.In the absence of trade,total surplus in Guatemala is represented by the area

Quizplus · Accepted Answer

Total surplus in the absence of trade is the sum of consumer surplus and producer surplus, which is represented by the area A + B + C + D + F.

Figure 9-1 The Figure Illustrates the Market for Coffee in Guatemala