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(Figure: Generic Market Producer Surplus) Refer to the Figure

Question 57

Multiple Choice

(Figure: Generic Market Producer Surplus) Refer to the figure. Calculate the total dollar amount of producer surplus earned in this market if the market price is $60. (Figure: Generic Market Producer Surplus) Refer to the figure. Calculate the total dollar amount of producer surplus earned in this market if the market price is $60. A) $800 B) $1,600 C) $2,400 D) $1,200


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

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