Use the following to answer question:
-(Figure: The Market for Sandwiches)Use Figure: The Market for Sandwiches.Suppose a price floor is set at $7.At this price,consumer surplus is equal to _____ and producer surplus is equal to _____.
A)$64;$40
B)$64;$24
C)$32;$24
D)$32;$40

Question

Use the following to answer question: 
-(Figure: The Market for Sandwiches)Use Figure: The Market for Sandwiches.Suppose a price floor is set at $7.At this price,consumer surplus is equal to _____ and producer surplus is equal to _____.
A)$64;$40 
B)$64;$24 
C)$32;$24 
D)$32;$40

Quizplus · Accepted Answer

The Answer of Use the following to answer question: 
-(Figure: The Market for Sandwiches)Use Figure: The Market for Sandwiches.Suppose a price floor is set at $7.At this price,consumer surplus is equal to _____ and producer surplus is equal to _____.
A)$64;$40 
B)$64;$24 
C)$32;$24 
D)$32;$40

Use the Following to Answer Question