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

question 33

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,which amount of surplus would be transferred?

• A) Area FG would be transferred to the consumer.
• B) Area DE would be transferred to the consumer.
• C) Area DEFG would be transferred to the consumer.
• D) Area FG would be transferred to the producer.

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