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(Table: Producer Surplus and Phantom Tickets) Look at the Table

Question 53

Essay

(Table: Producer Surplus and Phantom Tickets) Look at the table Producer Surplus and Phantom
Tickets.If the price for Phantom tickets is $140 and there is no other market for tickets, total producer surplus for these five students is:
A.$139.
B.$110.
C.$40.
D.$379.

Correct Answer:

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