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Suppose That the Market for Running Shoes Looks as in the Figure

Question 20

Multiple Choice

Suppose that the market for running shoes looks as in the figure below. Producer surplus is equal to: Suppose that the market for running shoes looks as in the figure below. Producer surplus is equal to: A) $15,000. B) $90. C) $7,500. D) $18,000. E) None of the above.


A) $15,000.
B) $90.
C) $7,500.
D) $18,000.
E) None of the above.

Correct Answer:

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