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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Producer Surplus
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    Donald Produces Nails at a Cost of $350 Per Ton
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Donald Produces Nails at a Cost of $350 Per Ton

Question 14

Question 14

Multiple Choice

Donald produces nails at a cost of $350 per ton.If he sells the nails for $500 per ton,his producer surplus is


A) $150.
B) $350.
C) $500.
D) $850.

Correct Answer:

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