(Table: Producer Surplus and Phantom Tickets) Look at the Table

question 109

Essay

(Table: Producer Surplus and Phantom Tickets) Look at the table Producer Surplus and Phantom Tickets.Given the information in the table, if these students can sell their Phantom tickets for only $5, then:
A.Tim will be the only student not to sell his ticket.
B.Laura, Whitney, Ralph, and Rick will sell their tickets.
C.the total producer surplus for the five students will be $4.
D.the total producer surplus for the five students will be $330.

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