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Mia buys a piece of costume jewelry for $19, for which she was willing to pay $20. The minimum acceptable price to the seller, Nate,
Mia buys a piece of costume jewelry for $19, for which she was willing to pay $20. The minimum acceptable price to the seller, Nate, was $11. Mia experiences a Multiple Choice producer surplus of $39, and Nate experiences a producer surplus of $31. consumer surplus of $1, and Nate experiences a producer surplus of $8. producer surplus of $1, and Nate experiences a consumer surplus of $8. consumer surplus of $8, and Nate experiences a producer surplus of $1
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