Refer to Scenario 13.1. At your negotiated price the producer ...

[abarnes]

Refer to Scenario 13.1. At your negotiated price the producer surplus is:
 
  A) 0.
  B) 50.
  C) 200.
  D) 250.
  E) 300.

Question 2

Refer to Figure 14.3. To maximize total wages paid to workers, the labor union will agree to wage rate:
 
  A) W0.
  B) W1.
  C) W2.
  D) W3.
  E) none of the above

[yifu223]

Answer to Question 1

B

Answer to Question 2

C

[abarnes]

Excellent

[abro1885]

Thanks for the timely response, appreciate it