Figure 9-18

question 243

Multiple Choice

Figure 9-18.On the diagram below,Q represents the quantity of peaches and P represents the price of peaches.The domestic country is Isoland.
-Refer to Figure 9-18.Suppose Isoland changes from a no-trade policy to a policy that allows international trade.If the world price of peaches is $3,then the policy change results in a

• A)$15.00 decrease in producer surplus.
• B)$45.00 increase in consumer surplus.
• C)$20.00 increase in total surplus.
• D)$12.50 increase in total surplus.

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Definitions:

Superior Mesenteric Artery

A major artery of the abdomen that supplies blood to a large portion of the small intestine and part of the large intestine.

Femoral Artery

A large artery in the thigh that supplies blood to the lower limb.

Popliteal Artery

The continuation of the femoral artery behind the knee, it supplies blood to the knee joint and surrounding muscles.

Anterior Tibial Artery

A major blood vessel in the lower leg that supplies blood to the anterior compartment of the leg and dorsum of the foot.