The total amount of producer surplus in a market is equal to the area below the supply curve

The figure above shows the market for coffee. The ________ price that producers must be offered to get them to produce 10 million pounds of coffee per month is ________

A) maximum; $2.00 B) maximum; $3.50 C) minimum; $2.00 D) minimum; $3.50

Prices and returns for ________ bonds are more volatile than those for ________ bonds, everything else held constant

A) long-term; long-term B) long-term; short-term C) short-term; long-term D) short-term; short-term