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dupoyjohn134 dupoyjohn134
wrote...
Posts: 536
4 years ago
Suppose the market price for bagels is $1.50 each. If Fresh Bagels Bakery's marginal cost of producing that bagel is $0.75, its producer surplus from that bagel is:

▸ $0.

▸ $0.25.

▸ $0.75.

▸ $1.25.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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Replies
wrote...
4 years ago
$0.75.
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