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Use the following to answer question: Use the following to answer question:   -(Figure: The Market for Oranges in South Africa) Use Figure: The Market for Oranges in South Africa.In autarky,the price of oranges in South Africa is P<sub>1</sub>.When the economy is opened to trade,the price falls to P<sub>W</sub> and consumer surplus will _____ to area _____. A) fall;M B) fall;M + N C) rise;M + N + O D) rise;M + N + O + P
-(Figure: The Market for Oranges in South Africa) Use Figure: The Market for Oranges in South Africa.In autarky,the price of oranges in South Africa is P1.When the economy is opened to trade,the price falls to PW and consumer surplus will _____ to area _____.


Definitions:

Current Liabilities

A company's debts or obligations that are due within one year, appearing on the company's balance sheet and including short-term loans, accounts payable, and other similar obligations.

Roadmap

A roadmap is a strategic plan that defines a goal or desired outcome and includes the major steps or milestones needed to reach it. It can apply to project management, product development, or strategic planning.

Running Business

The continuous operation of a company's core activities and functions in the pursuit of generating profits and maintaining sustainability.

Financing Needs

The requirement for funds to cover the startup, expansion, or operational activities of a business.

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