Table 4-2 -Refer to Table 4-2.The Table Above Lists the Marginal Cost

Multiple Choice

Table 4-2

-Refer to Table 4-2.The table above lists the marginal cost of polo shirts by Marko's,a firm that specializes in producing men's clothing. If the price of polo shirts increases from $15 to $20

A) consumers will buy no polo shirts.
B) the marginal cost of producing the third polo shirt will increase to $20.
C) producer surplus will rise from $13 to $28.
D) there will be a surplus of polo shirts.