Isabelle values her time at $60 an hour. She spends 2 hours giving Jayla a massage. Jayla

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Isabelle values her time at $60 an hour. She spends 2 hours giving Jayla a massage. Jayla was willing to pay as much as $300 for the massage, but they negotiated a price of $200. In this transaction,

a. consumer surplus is $20 larger than producer surplus.

b. consumer surplus is $40 larger than producer surplus.

c. producer surplus is $20 larger than consumer surplus.

d. producer surplus is $40 larger than consumer surplus.

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