After a price ceiling of $8 is placed on the market in the graph shown, which area represents producer surplus?
A. A + C + E
B. C + D + F + G
C. C + D + E
D. E
Answer: D
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A. There is no seller concentration. B. A monopoly exists. C. A monopsony exists. D. There is no buyer concentration.
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A) total B) unintended C) additional D) surplus