Amanda Buys a Ruby for $240 for Which She Was

Multiple Choice

Amanda buys a ruby for $240 for which she was willing to pay $340. The minimum acceptable price to the seller, Tony, was $190. Amanda experiences

A) a consumer surplus of $580, and Tony experiences a producer surplus of $200.
B) a consumer surplus of $100, and Tony experiences a consumer surplus of $150.
C) a producer surplus of $200, and Tony experiences a consumer surplus of $100.
D) a consumer surplus of $100, and Tony experiences a producer surplus of $50.
E) a producer surplus of $100, and Tony experiences a consumer surplus of $190.