If Mateo is paid $25,000 to sell his crop of tomatoes even though he would have been willing to have sold the crop for as little as $20,000, this indicates that
A) Mateo received no producer surplus from the transaction.
B) Mateo received $5,000 of producer surplus from the transaction.
C) Mateo received $20,000 of producer surplus from the transaction.
D) Mateo received $25,000 of producer surplus from the transaction.
Correct Answer:
Verified
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