Multiple Choice
The following table describes the reservation prices and four bids for an auction of three tickets to the recent Madonna concert.
If the marginal cost of providing a seat for one more Madonna fan is $0,the total producer surplus that results from this auction is:
A) $0.
B) $297.
C) $1,803.
D) $2,100.
E) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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