The Following Figure Shows the Demand Curve, D, and the Supply

question 206

Multiple Choice

The following figure shows the demand curve, D, and the supply curve, S, for calculators in Barylia. The world price of calculators is $40.

-Refer to the figure above.What is the total surplus before Barylia opens up to free trade?

• A) $250
• B) $325
• C) $800
• D) $1,125

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