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The Following Table Displays the Reservation Values of Buyers and Sellers

Question 62

Multiple Choice

The following table displays the reservation values of buyers and sellers in the market for notebooks, where each individual either wants to buy or sell one notebook.
The following table displays the reservation values of buyers and sellers in the market for notebooks, where each individual either wants to buy or sell one notebook.    -Refer to the table above.What is Seller 3's producer surplus? A)  $1 B)  $2 C)  $3 D)  $4
-Refer to the table above.What is Seller 3's producer surplus?


A) $1
B) $2
C) $3
D) $4

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