a Question 1 E Red onions and yellow onions are considered consumption substitutes. Assume the supply curves for red and yellow onions is upward-sloping. If there is a rise in the price of red onions, total surplus in the yellow onion market will: Selected answer will be automatically saved. For keyboard navigation: press upg'down arrow keys to select an answer. a rise. b fall. c rise then fall. d not change. Question 2 A sports stadium has a capacity of 400 seats. Suppose the stadium increases the price of a ticket from $35, at which 400 tickets are sold, to $45, and it sells 300 tickets. The price increase caused a drop in total consumer surplus of $ . (Hint: draw this scenario out before trying to calculate). Typed numeric answer will be automatically saved.@ Question 3 D Jerry needs to be paid at least $300 in order to sell their lawn mower. They sell the lawn mower and realize $40 in producer surplus. How much moneyr was paid to Jerryr for their lawn mower? Typed numeric answer will be automatically saved. % @ Question 4 m Clay is willing to pay up to $150 for a new coffee maker. After Clay purchases the coffee maker they receive a consumer surplus of $10. Given this information, what price did Clay pay for the coffee maker? Typed numeric answer will be automatically saved. : The table shows the minimum price at which people are willing to sell a ticket to a soccer game. Assume that each person is onlyr interested in selling one ticket. Using the numbers in the table, if the price they can sell their tickets for is 511, then total producer surplus in this market is: PQ Table 8.2 Consumer Willingness to sell Jacob $3 Daniel $7 Nolan $12 Pinar $16 Ann $19 Typed numeric answer will be automaticallyr saved