Calculate the total producer surplus at market price

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Using the information below about willingness to supply ginger ale, calculate the total producer surplus at a market price of $5. Marginal cost of producing ginger ale Gene $6 Brandon $3 Matt $2 Cooper $11 Jed $5 How do your answers change if the price falls to $2?

Reference no: EM131098747

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Calculate the total producer surplus at market price : Using the information below about willingness to supply ginger ale, calculate the total producer surplus at a market price of $5. Marginal cost of producing ginger ale Gene $6 Brandon $3 Matt $2 Cooper $11 Jed $5 How do your answers change if the pri..

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