Use the following to answer question: 
-(Table: Producer Surplus and Phantom Tickets) The table Producer Surplus and Phantom Tickets shows the minimum price at which each of the students is willing to sell a ticket to Phantom of the Opera.Assume that each student has only one ticket to sell.Given the information in the table,if the price for Phantom tickets is $55,total producer surplus for the five students is:
Definitions:
Basalt
A dark, fine-grained volcanic rock that forms from the rapid cooling of magnesium and iron-rich lava.
Magma Systems
Network of underground magmatic bodies and pathways that feed volcanic eruptions, including magma chambers and conduits.
Magma Chamber
A region below a volcano where molten rock (magma) accumulates.
Molten Rock
Rock heated to a liquid state by extreme temperatures, found in the Earth's mantle and crust, also known as magma when underground and lava when it reaches the surface.
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