Table 7-15 The Following Table Represents the Costs of Five Possible Sellers

Multiple Choice

Table 7-15
The following table represents the costs of five possible sellers.
-Refer to Table 7-15. If each producer has one unit available for sale, and if the market equilibrium price is $80 per unit, how much is the total producer surplus in this market?

A) $90
B) $110
C) $130
D) $140