Seller	Seller's Reservation Price
Alex	$12
Piper	$16
Daya	$22
Red	$30

See chart above. Four different students have one textbook each that they are considering selling back to the bookstore after the semester ends. The table above shows each student's reservation price, or the lowest price at which they would be willing to sell the book. The bookstore is buying textbooks at a price of $25. Use this information to answer the following questions. 1. How many of the students will agree to sell their textbooks?

2. What is Alex's producer surplus? 3. If these students make up the entire market, what is producer surplus in the market for textbooks?

\fPrice S $42 - $30 $16 - - - - - $10 10 20 30 Quantity