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Figure: Basic Supply and Demand

Question 88

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Figure: Basic Supply and Demand
M Figure: Basic Supply and Demand M In a free market, as illustrated in the diagram, total gains from trade are greatest when: A) 60 units are sold at a price of $2. B) 40 units are sold at a price of $3. C) 60 units are sold at a price of $4. D) 50 units are sold at a price of $3.
In a free market, as illustrated in the diagram, total gains from trade are greatest when:


A) 60 units are sold at a price of $2.
B) 40 units are sold at a price of $3.
C) 60 units are sold at a price of $4.
D) 50 units are sold at a price of $3.

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