Figure 9-11 -Refer to Figure 9-11.The Change in Total Surplus in This

question 286

Multiple Choice

Figure 9-11
-Refer to Figure 9-11.The change in total surplus in this market because of trade is

• A)A,and this area represents a loss of total surplus.
• B)B,and this area represents a gain in total surplus.
• C)C,and this area represents a loss of total surplus.
• D)D,and this area represents a gain in total surplus.

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