-Refer to the diagram above.If producers all agree to raise the price of milk from $1.00 to $1.25,then producer surplus will increase by
A) $0.25.
B) $18.
C) $20.
D) $100.
E) more than $100.

Question

-Refer to the diagram above.If producers all agree to raise the price of milk from $1.00 to $1.25,then producer surplus will increase by
A) $0.25. 
B) $18. 
C) $20. 
D) $100. 
E) more than $100.

Quizplus · Accepted Answer

The Answer of 
-Refer to the diagram above.If producers all agree to raise the price of milk from $1.00 to $1.25,then producer surplus will increase by
A) $0.25. 
B) $18. 
C) $20. 
D) $100. 
E) more than $100.

-Refer to the Diagram Above