Figure 16-2 Watanabe Sensei operates the only martial arts school in Hartfield.For simplicity,assume that consumers have identical demand curves and that Sensei knows what this demand curve is.Figure 16-2 shows this demand curve.
-Refer to Figure 16-2.With this pricing scheme - a competitive price for the classes and a one-time membership fee - what amount of producer surplus will Sensei earn?
A)the area A + B + C + D + E.
B)the area E + F.
C)the area H + G + F.
D)the area A + B + C + D + E + F + G + H

Question

Figure 16-2  Watanabe Sensei operates the only martial arts school in Hartfield.For simplicity,assume that consumers have identical demand curves and that Sensei knows what this demand curve is.Figure 16-2 shows this demand curve.
-Refer to Figure 16-2.With this pricing scheme - a competitive price for the classes and a one-time membership fee - what amount of producer surplus will Sensei earn?
A)the area A + B + C + D + E. 
B)the area E + F. 
C)the area H + G + F. 
D)the area A + B + C + D + E + F + G + H

Quizplus · Accepted Answer

The Answer of Figure 16-2  Watanabe Sensei operates the only martial arts school in Hartfield.For simplicity,assume that consumers have identical demand curves and that Sensei knows what this demand curve is.Figure 16-2 shows this demand curve.
-Refer to Figure 16-2.With this pricing scheme - a competitive price for the classes and a one-time membership fee - what amount of producer surplus will Sensei earn?
A)the area A + B + C + D + E. 
B)the area E + F. 
C)the area H + G + F. 
D)the area A + B + C + D + E + F + G + H

Figure 16-2 Watanabe Sensei Operates the Only Martial Arts