Figure 7-9 -Refer to Figure 7-9.If the Supply Curve Is S',the Demand

question 387

Multiple Choice

Figure 7-9

-Refer to Figure 7-9.If the supply curve is S',the demand curve is D,and the equilibrium price is $150,what is the producer surplus?

• A) $625
• B) $1,250
• C) $2,500
• D) $5,000

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