James is willing to sell his iPod for $11, and the going price on ebay is $15.

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James is willing to sell his iPod for $11, and the going price on ebay is $15. James sells his iPod to Franny, who was willing to pay $16. Given this information, what would be the producer surplus? Group of answer choices $11 $0 $4 None of the answers is correct. $1 $15

Posted Date: Jun 11, 2024 11:08 PM

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James is willing to sell his iPod for $11, and the going price on ebay is $15.

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