The following figure shows the demand curve, D, and supply curve, S, of ballpoint pens in Lithasia. The world price of pens is $2.
-Refer to the figure above.What is the total surplus before Lithasia opens up to free trade?
Definitions:
Cancer
A disease characterized by the uncontrolled growth and spread of abnormal cells in the body.
Onset
The beginning or start, often used in a medical context to refer to the initiation of symptoms or the disease process.
Spread
The process of extending, distributing or dispersing something over an area or among individuals.
Location
A specific place or position within a physical or virtual space.
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