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

question 273

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 $1,200, the producer surplus in the market is

• A) $100.
• B) $800.
• C) $400.
• D) $500.