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

question 87

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 an autarky,consumers would get area:

• A)A in consumer surplus.
• B)ABC in consumer surplus.
• C)ABCD in consumer surplus.
• D)ABCDEFG in consumer surplus.

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Definitions:

Agriculture

The science, art, and practice of cultivating plants and livestock.

Temperate Deciduous Forests

Biomes characterized by four seasons, including a distinct winter, and dominated by trees that lose their leaves annually.

Tropical Rain Forests

Biomes located around the Earth’s equator, characterized by high rainfall, diverse species of flora and fauna, and a constant warm temperature throughout the year.

Sunlight Penetrating

The process by which sunlight makes its way through the Earth's atmosphere to reach the surface, providing light and warmth essential for life.