Multiple Choice
The marginal cost of producing an additional basket of tomatoes is $5.00.The consumer is willing to pay a maximum of $9.00 for an additional basket.A farmer sells a basket of tomatoes for $6.00 each.The farmer receives a producer surplus from selling an additional basket of tomatoes equal to
A) $1.00.
B) $3.00.
C) $4.00.
D) $5.00.
E) $9.00.
Correct Answer:

Verified
Correct Answer:
Verified
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