Region X (the purple shaded area) represents total producer surplus when the market price is equal to , while Region Y (the grey shaded area) represents the change in total producer surplus V when the market price changes from $30 to $35 Y . the total producer surplus In the Following t - or false based on the information provided on the previous graph. the change in total producer surplus Statement True False Assuming each seller receives a positive surplus, Kenji will always receive less producer surplus than Lucia. 0 O Producer surplus is larger when the price is $35 than when it is $30. 0 O In order for Sharon to earn a producer surplus of exactly $5 from selling a used scooter, the market price must be $ . Continue without saving 6. Producer surplus and price changes The following graph plots a supply curve (orange line) for a group of recent graduates looking to sell used motor scooters. Each seller has only a single used scooter available for sale. Think of each rectangular area beneath the supply curve as the "cost," or minimum price that each seller is willing to accept. Assume that anyone who has a cost that equals the market price is willing to sell their used scooter. 60 50 Amy 40 Van PRICE (Dollars per used scooter) 30 Sharon X Paolo 20 Lucia 10 Kenji 2 3 5 6 QUANTITY (Used scooters)Region X (the purple shaded area) represents total producer surplus when the market price is equal to , while Region Y (the grey shaded area) represents the change in total producer surplus v when the market price changes from $30 to $35 v . the total producer surplus In the Foliowing t - or false based on the information provided on the previous graph. the change in total producer surplus Statement True False Assuming each seller receives a positive surplus, Kenji will always receive less producer surplus than Lucia. C) O Producer surplus is larger when the price is $35 than when it is $30. 0 O In order for Sharon to earn a producer surplus of exactly $5 from selling a used scooter, the market price must be $