Use the Following to Answer Questions

question 171

Multiple Choice

Use the following to answer questions :
Figure: The Market for MP3 Players
-(Figure: The Market for MP3 Players) Look at the figure The Market for MP3 Players. Assume that S_d represents the domestic supply curve and D_d represents the domestic demand curve. If the world price equals $100 and there is free trade, what is the gain in consumer surplus?

• A)$5 million
• B)$2.5 million
• C)$2.625 million
• D)$750,000

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