-In the above figure, the second ton of wheat would be produced even though the producer surplus on it is zero if the price per ton of wheat was

Question

Quizplus · Accepted Answer

The second ton of wheat would be produced even though the producer surplus on it is zero if the price per ton of wheat was $25. This is because the producer is willing to sell the second ton of wheat at a price of $25, even though they will not make any profit on it.

-In the Above Figure, the Second Ton of Wheat Would