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    Exam 4: Extensions of Demand and Supply Analysis
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    If a Producer Is Willing to Receive at Least $2
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If a Producer Is Willing to Receive at Least $2

Question 381

Question 381

Multiple Choice

If a producer is willing to receive at least $2 for a pen that she manufactures but she actually receives $7 for it. The producer surplus of the pen for that producer is


A) $2.
B) $5.
C) $9.
D) -$5.

Correct Answer:

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