Question | D. The following figure shows domestic demand and supply of Dulcimers along with a free trade equilibrium Domestic Supply World Price Domestic Demand Qf 02 03 price. Using the letter-labels, identify the areas that correspond to: 1. (2 points) producer surplus before trade 2. (2 points) producer surplus after trade 3. (2 points) consumer surplus before trade 4. (2 points) oonsumer surplus after trade 5. (2 points) the net gain to society from importing Dulcimers |
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Subject | economy |