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:

Verified
Correct Answer:
Verified
Q376: Who benefits primarily from rent controls?<br>A) construction
Q377: Which of the following statement is FALSE?<br>A)
Q378: Consumer surplus is<br>A) the total difference between
Q379: If demand decreases and supply increases<br>A) the
Q380: Who ultimately benefits from price supports in
Q382: The difference between quantity restrictions and price
Q383: The gains from trade within a price
Q384: Prices can achieve the rationing function when<br>A)
Q385: According to the text, during World War
Q386: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the