Assume There Are Three Hardware Stores,each Willing to Sell One

Multiple Choice

Assume there are three hardware stores,each willing to sell one standard model hammer in a given time period.House Depot can offer their hammer for a minimum of $7.Lace Hardware can offer the hammer for a minimum of $10.Bob's Hardware store can offer the hammer at a minimum price of $13. Given the scenario described,if the market price of hammers increased from $7 to $11:

A) more producers would participate in the market.
B) only Bob's Hardware would lose surplus.
C) both Bob's Hardware and Lace Hardware would lose surplus.
D) House Depot is the only producer that will gain surplus.