Graph 9-6

-According to Graph 9-6, producer surplus before trade would be:
A) $8000
B) $9600
C) $16 000
D) $19 200

Name: Graph 9-6 -According to Graph 9-6, producer surplus before trade would be: A) $8000 B) $9600 C) $16 000 D) $19 200
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Question

Graph 9-6
 
-According to Graph 9-6, producer surplus before trade would be:
A) $8000 
B) $9600 
C) $16 000 
D) $19 200

Quizplus · Accepted Answer

The producer surplus before trade is calculated based on the area above the supply curve and below the price level up to the quantity produced domestically. The given value of $9600 represents this area.

Graph 9-6 -According to Graph 9-6, Producer Surplus Before Trade Would Be