Figure 7-13
-Refer to Figure 7-13.If the equilibrium price rises from $60 to $120,what is the additional producer surplus to initial producers in the market?
A)$1,200
B)$2,400
C)$3,600
D)$4,800

Question

Figure 7-13 
-Refer to Figure 7-13.If the equilibrium price rises from $60 to $120,what is the additional producer surplus to initial producers in the market?
A)$1,200 
B)$2,400 
C)$3,600 
D)$4,800

Quizplus · Accepted Answer

The Answer of Figure 7-13 
-Refer to Figure 7-13.If the equilibrium price rises from $60 to $120,what is the additional producer surplus to initial producers in the market?
A)$1,200 
B)$2,400 
C)$3,600 
D)$4,800

Figure 7-13 -Refer to Figure 7-13.If the Equilibrium Price Rises from $60