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Suppose a consumer is willing to pay $140 for a pair of athletic shoes but finds the shoes on sale for $100 per pair. The
Suppose a consumer is willing to pay $140 for a pair of athletic shoes but finds the shoes on sale for $100 per pair. The minimum price the seller wants for each pair of athletic shoes is $75. If the consumer buys a pair of these athletic shoes for $90, the amount of consumer surplus is $____ and the amount of producer surplus is $____.
A. 50; 25
B. 30; 15
C. 40, 25
D. 50; 15
E. 40; 15
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