(Figure: Producer Surplus in the Market for Lattes) Consider the figure Producer Surplus in the Market for Lattes. If the price of lattes decreases from $2 to $1, the producer surplus will decrease by:

A)$5.
B)$15.
C)$25.
D)$60.

Question

(Figure: Producer Surplus in the Market for Lattes) Consider the figure Producer Surplus in the Market for Lattes. If the price of lattes decreases from $2 to $1, the producer surplus will decrease by:

A)$5. 
B)$15. 
C)$25. 
D)$60.

Quizplus · Accepted Answer

The Answer of (Figure: Producer Surplus in the Market for Lattes) Consider the figure Producer Surplus in the Market for Lattes. If the price of lattes decreases from $2 to $1, the producer surplus will decrease by:

A)$5. 
B)$15. 
C)$25. 
D)$60.

(Figure: Producer Surplus in the Market for Lattes) Consider the Figure