The Figure Above Shows the Supply Curve for Pizza and the Market

question 144

Multiple Choice

The figure above shows the supply curve for pizza and the market price of pizza.
-In the figure above,the producer surplus is

• A) $60,000.
• B) $100,000.
• C) $40,000.
• D) $80,000.
• E) $50,000.

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Definitions:

Promotional Strategy

A plan to increase awareness, sales, and market share for a product or service through advertising, sales promotions, public relations, and personal selling.

Car Lubricant

A substance used in vehicles to reduce friction, heat, and wear between mechanical components that are in contact.

Sticker

A type of adhesive label or decoration which can be attached to surfaces for informational or decorative purposes.

Nonpersonal Selling

A promotional method using advertising, sales promotions, and other mass-market approaches to sell products, as opposed to direct, face-to-face sales.