Use the following to answer question:
-(Table: Producer Surplus and Phantom Tickets)The table Producer Surplus and Phantom Tickets shows the minimum price at which each of the students is willing to sell a ticket to Phantom of the Opera.Assume that each student has only one ticket to sell.If the price for Phantom tickets is $55,which student has the highest individual producer surplus?
A)Tim
B)Laura
C)Rick
D)Ralph

Question

Use the following to answer question: 
-(Table: Producer Surplus and Phantom Tickets)The table Producer Surplus and Phantom Tickets shows the minimum price at which each of the students is willing to sell a ticket to Phantom of the Opera.Assume that each student has only one ticket to sell.If the price for Phantom tickets is $55,which student has the highest individual producer surplus?
A)Tim 
B)Laura 
C)Rick 
D)Ralph

Quizplus · Accepted Answer

The Answer of Use the following to answer question: 
-(Table: Producer Surplus and Phantom Tickets)The table Producer Surplus and Phantom Tickets shows the minimum price at which each of the students is willing to sell a ticket to Phantom of the Opera.Assume that each student has only one ticket to sell.If the price for Phantom tickets is $55,which student has the highest individual producer surplus?
A)Tim 
B)Laura 
C)Rick 
D)Ralph

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