Amanda buys a ruby for $300 for which she was willing to pay $340. The minimum acceptable price to the seller, Tony, was $190. Amanda experiences

Multiple Choice

• a producer surplus of $40, and Tony experiences a consumer surplus of $190.
• a producer surplus of $200, and Tony experiences a consumer surplus of $40.
• a consumer surplus of $640, and Tony experiences a producer surplus of $200.
• a consumer surplus of $40, and Tony experiences a consumer surplus of $150.
• a consumer surplus of $40, and Tony experiences a producer surplus of $110.