Based on the Table Below, What Is the Total Amount

question 6

Multiple Choice

Based on the table below, what is the total amount of producer surplus assuming this market reaches equilibrium? $\begin{array}{lcc}\underline{\text { Price } }&\underline{ \text { Quantity Demanded }} & \underline{\text { Quantity Supplied }} \\\$ 1.00 & 7 & 1 \\\$ 2.00 & 6 & 2 \\\$ 3.00 & 5 & 3 \\\$ 4.00 & 4 & 4 \\\$ 5.00 & 3 & 5 \\\$6.00 & 2 & 6 \\\$ 7.00 & 1 & 7\end{array}$

• A)$1.00
• B)$2.00
• C)$3.00
• D)$7.00
• E)$10.00

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Definitions:

Phobic Disorder

A type of anxiety disorder characterized by an irrational fear of specific objects, situations, or activities, leading to avoidance behavior.

Generalized Anxiety Disorder

A mental health condition characterized by persistent and excessive worry about various aspects of life, often leading to physical symptoms.

Free Floating

Referring to anxiety or unease that is not tied to a specific object or situation.

Generalized Anxiety Disorder

A mental health disorder characterized by excessive, uncontrollable worry about everyday things, beyond normal stress or anxiety levels.