Figure 7-14
-Refer to Figure 7-14.If the market price increases to $130 due to an increase in demand,then producer surplus is
A)$1,800.
B)$900.
C)$975.
D)$1,950.

Question

Figure 7-14 
-Refer to Figure 7-14.If the market price increases to $130 due to an increase in demand,then producer surplus is
A)$1,800. 
B)$900. 
C)$975. 
D)$1,950.

Quizplus · Accepted Answer

The Answer of Figure 7-14 
-Refer to Figure 7-14.If the market price increases to $130 due to an increase in demand,then producer surplus is
A)$1,800. 
B)$900. 
C)$975. 
D)$1,950.

Figure 7-14 -Refer to Figure 7-14.If the Market Price Increases to $130