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Answer: 2535010 $6.00 S $5.00 $4.00 Price (per latte) $3.00 $2.00 $1.00 D $0.00 0 5 10 15 20 25 30 35 40 45 50

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Answer: 2535010

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$6.00 S $5.00 $4.00 Price (per latte) $3.00 $2.00 $1.00 D $0.00 0 5 10 15 20 25 30 35 40 45 50 55 60 Quantity of Lattes (cups) Consider the market for lattes shown in the graph above. What is the decrease in producer surplus if a price floor of $2 is enforced? $25

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