The Following Figure Shows the Intersection of the Demand and Supply

question 88

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 consumer surplus is given by _____.

• A)a + b + c + g + f
• B)a + b + c + d
• C)d + b + c
• D)a + b + c

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