Figure 3-20 Refer to Figure 3-20. If 110 Units of the Good

Multiple Choice

Figure 3-20
Refer to Figure 3-20. If 110 units of the good are being bought and sold, then

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