Ivana produces cookies.Her production cost is $6 per dozen.She sells the cookies for $8 per dozen.Her producer surplus per dozen cookies is
A) $2.
B) $6.
C) $8.
D) $14.

Name: Ivana produces cookies.Her production cost is $6 per dozen.She sells the cookies for $8 per dozen.Her producer surplus per dozen cookies is A) $2. B) $6. C) $8. D) $14.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Producer surplus is calculated as the difference between the selling price and the production cost. Here, it is $8 - $6 = $2 per dozen cookies.

Ivana Produces Cookies