Refer to Figure 3.4. Suppose the graph above depicts a plantation after the Civil War. Employment equals

Refer to Figure 3.4. Suppose the graph above depicts a plantation after the Civil War. Employment equals



a.) La, and consumer surplus equals area "a+b+c+e+f."
b.) Lb, and consumer surplus equals area "a+b+c+d+e+f+g+h+i."
c.) La, and consumer surplus equals area "h+i."
d.) None of the above.


Answer: a


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