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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 the change in total surplus is area: A) O. B) O + P. C) M + N + O + P. D) M + N + O + P + Q.
-(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 the change in total surplus is area:


Definitions:

Echoic

Pertaining to or characterized by echo; in psychology, it refers to the sensory memory of auditory stimuli.

Procedural

Relating to the process or method of performing a task, often detailing the step-by-step instructions necessary to complete it successfully.

Sensory Memory

It is the most fleeting aspect of memory, enabling the retention of sensory impressions even after the initial stimuli are no longer present.

Permanent Storehouse

A metaphorical term often used to describe long-term memory, where information is stored indefinitely.

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