Diego, Emi, and Finn are available to work as tutors for the semester. The opportunity cost of
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Diego, Emi, and Finn are available to work as tutors for the semester. The opportunity cost of tutoring is $100 for Diego, $200 for Emi, and $400 for Finn. The university is hiring tutors at a price of $300. Producer surplus equals
a. $100.
b. $200.
c. $300.
d. $400.
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