Table : TABLE 4-2 Producer Surplus When the Price of a Used Textbook = $30

Potential seller

Cost

Price received

Individual producer surplus = Price received-Cost

Andrew

$5

$30

$25

Betty

15

  30

  15

Carlos

25

  30

    5

Donna

35

  —

  —

Engelbert

45

  —

  —

All sellers

Total producer surplus = $45