Refer to the Figure Below to Answer the Following Question

question 19

Multiple Choice

Refer to the figure below to answer the following question.

Figure 7.2.3
-Refer to Figure 7.2.3. The graph shows the market for shoes in Canada. The world price of a pair of shoes is $20. With free international trade, Canadian consumer surplus ________ and Canadian producer surplus ________.

• A)increases by area A + B; decreases by area B
• B)increases by area B; decreases by area B
• C)increases by area A; decreases by area B
• D)decreases by area A + B; increases by area B
• E)decreases by area B; increases by area A

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Definitions:

Magnetic Resonance Imaging

A non-invasive imaging technique that uses magnetic fields and radio waves to create detailed images of organs and tissues, including the brain.

Radio Pulses

Short bursts of radio frequency energy used in various technologies and scientific research, including telecommunications, radar, and astrophysics.

Hydrogen Atoms

The simplest type of atom, consisting of one proton and one electron.

ERP

Stands for Enterprise Resource Planning, which is a type of software used by organizations to manage and integrate important parts of their businesses.