-In the figure above, when the price of a CD is $8.00, total producer surplus from all the CDs will be
A) zero.
B) greater than at $10.00 per CD.
C) $20 million.
D) $10 million.

Question

-In the figure above, when the price of a CD is $8.00, total producer surplus from all the CDs will be
A) zero. 
B) greater than at $10.00 per CD. 
C) $20 million. 
D) $10 million.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, when the price of a CD is $8.00, total producer surplus from all the CDs will be
A) zero. 
B) greater than at $10.00 per CD. 
C) $20 million. 
D) $10 million.

-In the Figure Above, When the Price of a CD