Consider the gure at right showing the supply and demand for a product. The producer surplus is a triangular area. Recall that the area of
Consider the gure at right showing the supply and demand for a product. The producer surplus is a triangular area. Recall that the area of a triangle equals (1/2 base x height). The value of the producer surplus is O A. $750. 0 B. $250. 0 c. $125. Price ($) 80 75 70 65 60 55 50 45 4o 35 30 25 20 15 10 5 0 D 0 5 10 15 20 25 30 Quantity 35 40 45 50 ,0
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