Nick's willingness to sell his homemade chocolate chip biscuits is $4 per dozen. He sells them and realises a producer surplus of $4 per dozen. Nick sells his biscuits for:

Question

Quizplus · Accepted Answer

Nick's willingness to sell his homemade chocolate chip biscuits is $4 per dozen, and he realises a producer surplus of $4 per dozen. This means that Nick sells his homemade chocolate chip biscuits for $8 per dozen ($4 willingness to sell + $4 producer surplus).
Therefore, the correct answer is D, which is $12 a dozen, as it is the only option that is greater than $8 per dozen.

Nick's Willingness to Sell His Homemade Chocolate Chip Biscuits Is