If a producer is willing to receive at least $5 for a pen that she manufactures but she actually receives $7 for it. The producer surplus of the pen for that producer is
A) $5.
B) $2.
C) $7.
D) -$5.
B
Economics
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The difference between money and income is that
A) money is a flow and income is a stock. B) money is a stock and income is a flow. C) there is no difference—money and income are both stocks. D) there is no difference—money and income are both flows.
Economics
Keynes believed that the economy does not automatically move toward an equilibrium at full employment
a. True b. False Indicate whether the statement is true or false
Economics