Figure 7-6

-Refer to Figure 7-6.Assume demand increases and as a result,equilibrium price increases to $22 and equilibrium quantity increases to 110.What would be the increase in total producer surplus
A)$210
B)$360
C)$480
D)$570

Question

Figure 7-6
​
 
-Refer to Figure 7-6.Assume demand increases and as a result,equilibrium price increases to $22 and equilibrium quantity increases to 110.What would be the increase in total producer surplus
A)$210 
B)$360 
C)$480 
D)$570

Quizplus · Accepted Answer

The Answer of Figure 7-6
​
 
-Refer to Figure 7-6.Assume demand increases and as a result,equilibrium price increases to $22 and equilibrium quantity increases to 110.What would be the increase in total producer surplus
A)$210 
B)$360 
C)$480 
D)$570

Figure 7-6 ​

Figure 7-6