Use the figure below to answer the following questions. Figure 5.2.6
-Figure 5.2.6 shows the supply curve of DVD rentals for Morgan's Marvellous Movies.If the price of a rental is $5,what is Morgan's producer surplus?
A) $4.50
B) $2.25
C) $15.00
D) $5.00
E) $24.50
Correct Answer:
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