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Suppose You're Willing to Tutor a Student for $10 an Hour

Question 24

Multiple Choice

Suppose you're willing to tutor a student for $10 an hour. The student pays you $15 an hour. What is your producer surplus?

A) $15 an hour
B) $5 an hour
C) $10 an hour
D) $25 an hour
E) More than $25 an hour

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