From a Recent Transaction, Anton's Producer Surplus Was $5

question 78

Multiple Choice

From a recent transaction, Anton's producer surplus was $5. What does this mean?

• A) Anton gave the purchaser $5 in change.
• B) The price of the item was $5 more than the purchaser was willing to pay.
• C) Anton received $5 less than he wanted.
• D) Anton would have accepted $5 less.

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Definitions:

Clavodeltoid

A muscle in some animals that resembles human muscles in the shoulder region, but there's no direct human equivalent. For humans, refer to the deltoid muscle.

Cervical Vertebrae

The vertebrae in the neck region of the spine, numbered C1 through C7, which support the skull and enable a range of head movements.

Thoracic Vertebrae

Comprise the middle portion of the vertebral column, characterized by the presence of costal facets for rib articulation.

Splenius

A muscle in the back of the neck and upper back responsible for moving the head and neck.