Multiple Choice
At Mike's Bakery, the cost of making one croissant is $1.50. If Mike sells 20 croissants and gains producer surplus of $40.00, then Mike must be selling his croissants for
A) $1.50 each.
B) $2.00 each.
C) $3.50 each.
D) $30.00 each.
Correct Answer:
Verified
Correct Answer:
Verified
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