Table 7-10 The Following Table Represents the Costs of Five Possible Sellers

question 6

Multiple Choice

Table 7-10
The following table represents the costs of five possible sellers.
-Refer to Table 7-10. If the market price is $1,200, the producer surplus in the market is

• A)$100.
• B)$800.
• C)$400.
• D)$500.