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Opportunity Cost for Providing 10 Piano Lessons Seller (Dollars) Marcia 200 Jan 250 Cindy 350 Greg 400 Peter 700 Bobby 800 Refer to Table 7-9.

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Opportunity Cost for Providing 10 Piano Lessons Seller (Dollars) Marcia 200 Jan 250 Cindy 350 Greg 400 Peter 700 Bobby 800 Refer to Table 7-9. The equilibrium market price for 10 piano lessons is $400. What is the total producer surplus in the market? Oall $700 Ob $400 $0 d $300

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