Homework Clinic
Social Science Clinic => Economics => Microeconomics => Topic started by: jman1234 on Jul 20, 2019
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Suppose the market price for bagels is $1.50 each. If Fresh Bagels Bakery's marginal cost of producing that bagel is $0.75, its producer surplus from that bagel is:
◦ $0.
◦ $0.25.
◦ $0.75.
◦ $1.25.
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$0.75.
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Excellent
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Great! Please up vote :D