Table 7-11 The Only Four Producers in a Market Have the Following

Multiple Choice

Table 7-11
The only four producers in a market have the following costs:
-Refer to Table 7-11. If the sellers bid against each other for the right to sell the good to a consumer, then the producer surplus will be

A) $0 or slightly more.
B) $50 or slightly less.
C) $150 or slightly less.
D) $200 or slightly more.