Jennifer Buys a Piece of Costume Jewelry for $33, for Which

Multiple Choice

Jennifer buys a piece of costume jewelry for $33, for which she was willing to pay $42. The minimum acceptable price to the seller, Nathan, was $30. Jennifer experiences a

A) a consumer surplus of $12, and Nathan experiences a producer surplus of $3.
B) a producer surplus of $9, and Nathan experiences a consumer surplus of $3.
C) a consumer surplus of $9, and Nathan experiences a producer surplus of $3.
D) a producer surplus of $9, and Nathan experiences a producer surplus of $12.