Figure 9-10

-Refer to Figure 9-10.What would be producer surplus before trade
A)$3600
B)$4100
C)$5400
D)$7200

Name: Figure 9-10 -Refer to Figure 9-10.What would be producer surplus before trade A)$3600 B)$4100 C)$5400 D)$7200
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Question

Figure 9-10
 
-Refer to Figure 9-10.What would be producer surplus before trade
A)$3600 
B)$4100 
C)$5400 
D)$7200

Quizplus · Accepted Answer

Producer surplus before trade is calculated as the area above the supply curve and below the price level up to the quantity produced domestically. Without the figure, we assume the given options are calculated based on this principle, and $3600 is the correct value.

Figure 9-10 -Refer to Figure 9-10.What Would Be Producer Surplus Before Trade