Assume the world market for oil is competitive and that the marginal cost of producing​ (extracting and bringing to​ market) another barrel of oil is ​$80.80
and the marginal benefit is ​$80.60
If one more barrel of oil is produced and​ consumed, how will economic surplus​ change?
Economic surplus will
A. Decrease by $.20
B. Increase by $.20
C. Not change
D. Increase by $161.40
E. decrease by $80.80