Refer to Table 4-4. The table above lists the marginal cost of sunglasses by Miami Dade Shades, a firm that specializes in producing designer sunglasses. If the market price for a pair of Miami Dade Shades sunglasses is $175, producer surplus is $10. $35. $140. $230.

Principles of Economics 2e
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Publisher:Steven A. Greenlaw; David Shapiro
Chapter13: Positive Externalities And Public Goods
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Refer to Table 4-4. The table above lists the marginal cost of sunglasses by Miami Dade Shades, a firm that specializes in producing designer sunglasses. If the market price for a pair of Miami Dade Shades sunglasses is $175, producer surplus is $10. $35. $140. $230.
Table 4-4
Quantity of Miami
Dade Shades
1st pair
2nd pair
3rd pair
4th pair
Marginal Cost
(dollars)
$60
95
140
185
Transcribed Image Text:Table 4-4 Quantity of Miami Dade Shades 1st pair 2nd pair 3rd pair 4th pair Marginal Cost (dollars) $60 95 140 185
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