Phil offers to do Don's housework for $20 per week. Don's opportunity cost of doing housework is $30 per week, and Phil's opportunity cost of doing housework is $10 per week.
-According to the information provided, what will be Phil's gain in producer surplus as a result of the proposed transaction?
A) Phil will gain $30 per week
B) Phil will gain $20 per week
C) Phil will gain $10 per week
D) Phil will gain no producer surplus
Correct Answer:
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