If the minimum that the Smith family would be willing to sell their house for is $185,000, but they in fact sell it for $210,000, they will receive:
A. producer surplus in the amount of $25,000.
B. producer surplus in the amount of $210,000.
C. consumer surplus in the amount of $25,000.
D. consumer surplus in the amount of $210,000.
Answer: A
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