Use the Following to Answer Questions

question 188

Multiple Choice

Use the following to answer questions:
Figure: Foreign Trade 2
-(Figure: Foreign Trade 2) Refer to the figure. What is the dollar value of the deadweight loss created as a result of prohibiting trade in this market?

• A) $2,500
• B) $10,000
• C) $7,500
• D) $5,000

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Definitions:

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