6. Producer surplus and price changes The following graph shows the supply curve for a group of students looking to sell used math textbooks. Each student has only one used textbook to sell. Each rectangular segment under the supply curve represents the "cost," or minimum acceptable price, for one student. Assume that anyone who has a cost just equal to the market price is willing to sell his or her used textbook. 240 + 200 O Megan 160 Larry 120 m PRICE (Dollars per used textbook) Janet Fell Deborah 40 Carlos QUANTITY (Used textbooks) Region A (the purple shaded area) represents the total producer surplus when the market price is |$ , while Region B (the grey shaded area) represents when the market price In the following table, indicate which statements are true or false based on the information provided on the previous graph. Statement True False Producer surplus is smaller when the price is $140 than when it is $100. O O Assuming each student receives a positive surplus, Carlos will always receive more producer surplus than Deborah. O O In order for Megan to earn a producer surplus of exactly $60 from selling a used textbook, the market price needs to be |$