This Graph Demonstrates the Domestic Demand and Supply for a Good,as

question 74

Multiple Choice

This graph demonstrates the domestic demand and supply for a good,as well as the world price for that good.
According to the graph shown,if this economy were to open to trade,consumers would:

• A)enjoy a net gain to surplus of DEFG.
• B)suffer a net loss to surplus of DEFG.
• C)suffer a transfer of surplus to the producer of DEFG.
• D)experience deadweight loss of FG.

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