185k views
5 votes
What is the 'free-trade' consumer surplus value for our small country?

a. 12915
b. 13915
c. 28880
d. 27770

User Mbochynski
by
7.4k points

1 Answer

5 votes

Final answer:

The 'free-trade' consumer surplus value for our small country can be determined by calculating the area of the triangle formed by the points PTrade, A, and B on the demand curve. Please provide additional details or data for a more accurate calculation.

Step-by-step explanation:

The 'free-trade' consumer surplus value for our small country can be determined by calculating the area of the triangle formed by the points PTrade, A, and B on the demand curve. This is the value that consumers gain beyond what they paid for when they buy a product. To find the consumer surplus value, we need more specific information or data points. Please provide additional details or data for a more accurate calculation.

User Ashokramcse
by
7.0k points