Use the following to answer question:
Figure: Monthly Supply of Bread
-(Figure: Monthly Supply of Bread) The figure Monthly Supply of Bread represents the monthly supply of bread at a local bakery. At $3 per loaf, the bakery produces 120 loaves per month. The producer surplus received by this bakery is equal to:
A) $120.
B) $60.
C) $360.
D) $180.
Correct Answer:
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