The figure below shows the result of a price fixing scheme that raised price above competitive levels at point C to a price of $15 at point M. Answer Questions using this figure 
-By forming this price-fixing cartel, producers gained $__________ of producer surplus, while consumers lost $__________ of consumer surplus.
A) $15,000; $10,000
B) $15,000; $20,000
C) $20,000; $10,000
D) $20,000; $5,000
Correct Answer:
Verified
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