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Figure 7-22 -Refer to Figure 7-22.If 110 Units of the Good Are

Question 117

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Figure 7-22 Figure 7-22   -Refer to Figure 7-22.If 110 units of the good are bought and sold,then A) the marginal cost to sellers is equal to the marginal value to buyers. B) the marginal value to buyers is greater than the marginal cost to sellers. C) the marginal cost to buyers is greater than marginal value to sellers. D) producer surplus is greater than consumer surplus.
-Refer to Figure 7-22.If 110 units of the good are bought and sold,then


A) the marginal cost to sellers is equal to the marginal value to buyers.
B) the marginal value to buyers is greater than the marginal cost to sellers.
C) the marginal cost to buyers is greater than marginal value to sellers.
D) producer surplus is greater than consumer surplus.

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