Use the Figure Below to Answer the Following Questions

question 57

Multiple Choice

Use the figure below to answer the following questions. Figure 5.2.6
-Figure 5.2.6 shows the supply curve of DVD rentals for Morgan's Marvellous Movies.If the price of a rental is $5,what is Morgan's producer surplus?

• A)$4.50
• B)$2.25
• C)$15.00
• D)$5.00
• E)$24.50

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Definitions:

Direct Order

A direct order is a straightforward, authoritative command or instruction that leaves little room for misunderstanding or deviation by the recipient.

Sales Message

A communication designed to persuade a potential buyer to purchase a product or service.

Readers

Individuals who engage in the act of reading text in order to comprehend, interpret, or enjoy content.

Unsolicited Proposal

A proposal submitted to an organization or individual without their request, offering solutions or services that the proposer believes could be beneficial.