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15. A T-shirt supplier is willing to sell her shirts for $5 each, but she is able to negotiate a distribution deal at $7 each.
15. A T-shirt supplier is willing to sell her shirts for $5 each, but she is able to negotiate a distribution deal at $7 each. The extra $2 that she made beyond the $5 she was willing to sell her T-shirts for represents A. producer surplus. B. consumer surplus. C. allocative efficiency. D. productive efficiency
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
