Jonathan purchased coffee for $5 at Jennifer's coffee shop, although he was willing to pay $9. Jennifer was willing to accept $3 for the coffee. The results of this transaction are a consumer surplus of
A) $12 and a producer surplus of $10.
B) $10 and a producer surplus of $12.
C) $2 and a producer surplus of $4.
D) $4 and a producer surplus of $2.
Correct Answer:
Verified
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