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    Principles of Economics Study Set 5
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    Exam 7: Consumers,producers,and the Efficiency of Markets
  5. Question
    Figure 7-2 -Refer to Figure 7-2.If the Equilibrium Price Is $60,what Is
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Figure 7-2 -Refer to Figure 7-2.If the Equilibrium Price Is $60,what Is

Question 36

Question 36

Multiple Choice

Figure 7-2 Figure 7-2   -Refer to Figure 7-2.If the equilibrium price is $60,what is the producer surplus? A)  $600 B)  $1,200 C)  $2,400 D)  $4,800
-Refer to Figure 7-2.If the equilibrium price is $60,what is the producer surplus?


A) $600
B) $1,200
C) $2,400
D) $4,800

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