Table 7-11 The Following Table Represents the Costs of Five Possible Sellers

question 167

Multiple Choice

Table 7-11
The following table represents the costs of five possible sellers.

-Refer to Table 7-11. If the market price is $1,000, the producer surplus in the market is

• A) $1000.
• B) $300.
• C) $1,700.
• D) $700.

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