Use the Following to Answer Question

question 158

Multiple Choice

Use the following to answer question:
-(Figure: The Market for Calculators) Use Figure: The Market for Calculators.Assume that S and D represent the domestic demand and supply of calculators.The world price,P_W,equals $100.When the economy moves from autarky,under which the price is $150,to free trade,consumer surplus rises by area _____ and producer surplus falls by _____.

• A)B + K + L;B
• B)B + C + K + L;B + C + K + L
• C)B + C+ H + I + K + L;B + C + H + I
• D)B + C + G + H + I + J + K + L;B + C

---

Definitions:

Sentencing

The judicial determination of the punishment to be imposed on a convicted individual, ranging from fines and community service to imprisonment.

Convicted Less

The phenomenon where certain individuals or groups are found guilty of committing crimes at lower rates than others, possibly implying disparities in the legal system or investigation processes.

Whites

A term often used to refer to people of European descent or those identified as belonging to a light-skinned ethnic group.

Hispanics

A term used to describe people and cultures originating from Spanish-speaking countries, primarily located in Latin America and Spain.