Multiple Choice
Figure 7-9
-Refer to Figure 7-9.If the demand curve is D and the supply curve shifts from S' to S,what is the change in producer surplus?
A) Producer surplus increases by $625.
B) Producer surplus increases by $1,875.
C) Producer surplus decreases by $625.
D) Producer surplus decreases by $1,875.
Correct Answer:

Verified
Correct Answer:
Verified
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