TE 14 21 91 12 21 15 51 Question 13 (4 points) The graph below represents the market for a good in a country that is open to international trade. P represents the global equilibrium price (the world price) of the good. P 17 18 500 20 21 11 212 A 300 B 250 3 24 G ation 50 50 K 80 93 LH D E F 1 S Pw DW 30 90 100 Q What area(s) represent producer surplus if trade is allowed? GK OGHK ABGK Ου BCDEGHK
TE 14 21 91 12 21 15 51 Question 13 (4 points) The graph below represents the market for a good in a country that is open to international trade. P represents the global equilibrium price (the world price) of the good. P 17 18 500 20 21 11 212 A 300 B 250 3 24 G ation 50 50 K 80 93 LH D E F 1 S Pw DW 30 90 100 Q What area(s) represent producer surplus if trade is allowed? GK OGHK ABGK Ου BCDEGHK
Chapter1: Making Economics Decisions
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