Refer to the graph shown. When the market is in equilibrium, producer surplus is equal to:
A) 500.
B) 1,000.
C) 1,500.
D) 2,000.

Name: Refer to the graph shown. When the market is in equilibrium, producer surplus is equal to: A) 500. B) 1,000. C) 1,500. D) 2,000.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Refer to the graph shown. When the market is in equilibrium, producer surplus is equal to: 
A) 500. 
B) 1,000. 
C) 1,500. 
D) 2,000.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. When the market is in equilibrium, producer surplus is equal to: 
A) 500. 
B) 1,000. 
C) 1,500. 
D) 2,000.

Refer to the Graph Shown