Marty has a collection of Beanie Babies that he is willing to sell for $850.Someone offers him $1,000 for his collection.Calculate Marty's producer surplus.What happens to Marty's producer surplus if someone offers him $1,200 instead?

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The Answer of Marty has a collection of Beanie Babies that he is willing to sell for $850.Someone offers him $1,000 for his collection.Calculate Marty's producer surplus.What happens to Marty's producer surplus if someone offers him $1,200 instead?

Marty Has a Collection of Beanie Babies That He Is