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Figure 7-18 -Refer to Figure 7-18.If 40 Units of the Good Are

Question 298

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Figure 7-18
Figure 7-18 -Refer to Figure 7-18.If 40 units of the good are being bought and sold,then A) the marginal cost to sellers is equal to the marginal value to buyers. B) the marginal value to buyers is greater than the marginal cost to sellers. C) the marginal cost to sellers is greater than the marginal value to buyers. D) producer surplus would be greater than consumer surplus.
-Refer to Figure 7-18.If 40 units of the good are being bought and sold,then


A) the marginal cost to sellers is equal to the marginal value to buyers.
B) the marginal value to buyers is greater than the marginal cost to sellers.
C) the marginal cost to sellers is greater than the marginal value to buyers.
D) producer surplus would be greater than consumer surplus.

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