1. Figure 6.5 illustrates the market for sugar. With free trade consumer surplus in the market would be shown as area:
A) ABC.
B) AEF.
C) GEQ1.
D) ABQ20.2. Figure 6.5 illustrates the market for sugar. If sugar imports were banned consumer surplus in the market would be shown as area:
A) ABC.
B) AEF.
C) GEQ1.
D) ABQ20.
3. Figure 6.5 illustrates the market for sugar. With free trade producer surplus in the market would be shown as area:
A) ABC.
B) AEF.
C) GEQ1.
D) FEG.4. Figure 6.5 illustrates the market for sugar. If sugar imports were banned producer surplus in the market would be shown as area:
A) ABC.
B) AEF.
C) CBD.
D) FEG.
5. Figure 6.5 illustrates the market for sugar. With free trade total surplus in the market would be shown as area:
A) ABC.
B) AEF.
C) AEG.
D) FEG.6. Figure 6.5 illustrates the market for sugar. If sugar imports were banned total surplus in the market would be shown as area:
A) ABC.
B) AEF.
C) CBD.
D) ABD.