Figure 9-8

question 189

Multiple Choice

Figure 9-8.On the diagram below,Q represents the quantity of cars and P represents the price of cars.
-Refer to Figure 9-8.The price corresponding to the horizontal dotted line on the graph represents the price of cars

• A)after trade is allowed.
• B)before trade is allowed.
• C)that maximizes total surplus when trade is allowed.
• D)that minimizes the well-being of domestic car producers when trade is allowed.

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