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Question 117

Multiple Choice

Use the following to answer questions:
Figure: Producer Surplus Use the following to answer questions: Figure: Producer Surplus -(Figure: Producer Surplus) Refer to the figure. What is the change in producer surplus if the price rises from $2 to $3 per unit? A) $5 B) $10 C) $15 D) $20
-(Figure: Producer Surplus) Refer to the figure. What is the change in producer surplus if the price rises from $2 to $3 per unit?


A) $5
B) $10
C) $15
D) $20

Correct Answer:

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