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Producer Surplus and Willingness to Sell
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Producer Surplus and Willingness to Sell
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5. Consumer and Producer Surplus; Price Ceilings and Price Floors / Willingness to Sell and Producer Surplus / Problem 2
Problem 2
If you sell a vintage toy on eBay for \$100, but you were willing to sell it for \$60, what is your producer surplus?
A
\$100
B
\$40
C
\$60
D
\$0
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