-Refer to the diagram above.If the price in this market is initially $7.00 and the most dissatisfied supplier sells a unit of the good for $5.50 to the most eager buyer,by how much is the supplier better off?
A) $1.50.
B) $2.50.
C) $4.00.
D) $5.50.
E) $7.00.

Question

-Refer to the diagram above.If the price in this market is initially $7.00 and the most dissatisfied supplier sells a unit of the good for $5.50 to the most eager buyer,by how much is the supplier better off?
A) $1.50. 
B) $2.50. 
C) $4.00. 
D) $5.50. 
E) $7.00.

Quizplus · Accepted Answer

The Answer of 
-Refer to the diagram above.If the price in this market is initially $7.00 and the most dissatisfied supplier sells a unit of the good for $5.50 to the most eager buyer,by how much is the supplier better off?
A) $1.50. 
B) $2.50. 
C) $4.00. 
D) $5.50. 
E) $7.00.

-Refer to the Diagram Above