Use the Following Figure to Answer the Questions : Figure

question 34

Multiple Choice

Use the following figure to answer the questions : Figure 10-3 : shows the demand and supply for a commodity in the domestic U.S.market as well as the global market.The commodity is imported from the rest of the world to the U.S.market.
-In Figure 10-3,the total producer surplus after trade is _____.

• A)P₃ELP₂
• B)ELK
• C)P₂LP₀
• D)P₂LMP₁

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