onsider a market with a perfectly elastic demand curve and a perfectly inelastic supply curve. The market equilibrium isp= 10 andq= 13. What is the producer surplus?

(A) Zero.

(B) 130.

(C) 65.

(D) Infinity.

65.Suppose that the government enacts an effective price ceiling in a market. The Consumer Surplus is $110, the Producer Surplus is $350, and the Deadweight Loss is $560. What would the Total Surplus be under a free market?

(A) $460

(B) $1,020

(C) $910

(D) $110