The following graph shows the supply curve for a group of students looking to sell used tablets. Each student has only one used tablet to sell. Each rectangular segment under the supply curve represents the "cost." or minimum acceptable price for one student. Assume that anyone who has a cost just equal to the market price is willing to sell his or her used tablet. 40 100 0-a DO Hary 320 Edison PRCE Das per secta) 240 . Crystal GO Brian Alyssa Tim QUANTITY (Used tablets) Region A (the purple shaded area) represents the total producer surplus when the market price is $ represents when the market price while Region B (the grey shaded area) In the following table, indicate which statements are true or false based on the information provided on the previous graph. Statement Producer surplus is smaller when the price is $280 than when it is $200 True False Assuming each student receives a positive surplus, Tim will always receive less producer surplus than Alyssa In order for Edison to earn a producer surplus of exactly $120 from selling a used tablet, the market price needs to be