Refer to the graph shown. Initially, the market is in equilibrium where the demand curve intersects S₀. In the initial equilibrium, producer surplus is equal to: A) 900. B) 1,800. C) 4,500. D) 6,000.

Question

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. Initially, the market is in equilibrium where the demand curve intersects S₀. In the initial equilibrium, producer surplus is equal to: A) 900. B) 1,800. C) 4,500. D) 6,000.

Refer to the Graph Shown