5. Consumer and Producer Surplus; Price Ceilings and Price Floors

5. Consumer and Producer Surplus; Price Ceilings and Price Floors / Willingness to Sell and Producer Surplus / Problem 5

Problem 5

If you sell a vintage toy on eBay for \$100, but you were willing to sell it for \$60, what is your producer surplus?

\$100

\$40

\$60

\$0