Figure 7-13

-Refer to Figure 7-13.Suppose the price of the good is $450.Then,on the first unit of the good that is sold,producer surplus is
A) $250, and on the second unit of the good that is sold, producer surplus is $100.
B) $250, and on the second unit of the good that is sold, producer surplus is $150.
C) $350, and on the second unit of the good that is sold, producer surplus is $100.
D) $350, and on the second unit of the good that is sold, producer surplus is $150.

Question

Figure 7-13
 
-Refer to Figure 7-13.Suppose the price of the good is $450.Then,on the first unit of the good that is sold,producer surplus is
A) $250, and on the second unit of the good that is sold, producer surplus is $100. 
B) $250, and on the second unit of the good that is sold, producer surplus is $150. 
C) $350, and on the second unit of the good that is sold, producer surplus is $100. 
D) $350, and on the second unit of the good that is sold, producer surplus is $150.

Quizplus · Accepted Answer

The Answer of Figure 7-13
 
-Refer to Figure 7-13.Suppose the price of the good is $450.Then,on the first unit of the good that is sold,producer surplus is
A) $250, and on the second unit of the good that is sold, producer surplus is $100. 
B) $250, and on the second unit of the good that is sold, producer surplus is $150. 
C) $350, and on the second unit of the good that is sold, producer surplus is $100. 
D) $350, and on the second unit of the good that is sold, producer surplus is $150.

Figure 7-13 -Refer to Figure 7-13.Suppose the Price of the Good Is