consider the following figure. suppose the world price of steel is given and constant at $
Consider the following figure. Suppose the world price of steel is given and constant at $200 per ton and the Mexican government provides a subsidy of $200 per ton to its steel producers, as indicated by the supply schedule SM (with subsidy).As a result of the subsidy, the welfare loss to Mexico due to inefficient domestic production equals: ___________.
A、$200
B、$400
C、$600
D、$800