The Following Figure Shows the Intersection of the Demand and Supply

question 54

Multiple Choice

The following figure shows the intersection of the demand and supply curves for a commodity in the domestic market at price P₂ and quantity Q₂,in the absence of trade.With trade,the supply curve shifts to Supply_trade.
Figure 10-4
-Refer to Figure 10-4.In the absence of trade,the total producer surplus is given by _____.

• A)f + g + j
• B)f + g + h + j
• C)f + g + h + i
• D)f + g + h + i + j

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