Figure 9-18

question 59

Multiple Choice

Figure 9-18.On the diagram below,Q represents the quantity of peaches and P represents the price of peaches.The domestic country is Isoland.
-Refer to Figure 9-18.Suppose Isoland changes from a no-trade policy to a policy that allows international trade.If the world price of peaches is $5,then the policy change results in a

• A)$25 decrease in consumer surplus.
• B)$20 increase in consumer surplus.
• C)$25 decrease in producer surplus.
• D)$20 increase in producer surplus.

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Definitions:

Compliance

The act of conforming to or adhering to rules, standards, or laws.

Resistance

A refusal to accept or comply with something; the attempt to prevent something by action or argument.

Adherence

The extent to which individuals stick to behaviors, guidelines, or treatments as recommended by healthcare providers or organizations.

Commitment

The psychological attachment or loyalty an individual feels towards an organization, cause, or goal, often reflected in willingness to invest effort and maintain membership.