-In the Above Figure, When the Price of Pretzels Is

question 326

Multiple Choice

-In the above figure, when the price of pretzels is $3.00 per pound, the total producer surplus from all the pretzels will be

• A) zero.
• B) greater than at any other price.
• C) less than at any other price.
• D) the sum of the difference between $3.00 and the marginal cost of all the pounds produced.

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