11-2
Producer Surplus When the Price of a Used Textbook = $30
| Potential seller | Cost | Price received | Individual producer surplus = Price received − Price Cost |
|---|---|---|---|
| Andrew | $ 5 | $30 | $25 |
| Betty | 15 | 30 | 15 |
| Carlos | 25 | 30 | 5 |
| Donna | 35 | — | — |
| Engelbert | 45 | — | — |
| All sellers | Total producer surplus = $45 |