Refer to Table 4-3. The table above lists the marginal cost of polo shirts by Marko's, a firm that specializes in producing men's clothing. If the market price of Marko's polo shirts is $18

A) producer surplus will equal $22.
B) Marko's will produce four shirts.
C) there will be a surplus; as a result, the price will fall to $7.
D) producer surplus from the first shirt is $18.


A

Economics

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