Question: Amanda buys a ruby for $330 for which she was willing to pay $340. The minimum acceptable price to the seller, Tony, was $190. Amanda
Amanda buys a ruby for $330 for which she was willing to pay $340. The minimum acceptable price to the seller, Tony, was $190. Amanda experiences
A. a producer surplus for $10, and Tony experiences a consumer surplus of $190
B. a consumer surplus of $10, and Tony experiences a producer surplus of $140
C. a producer surplus of $200, and Tony experiences a consumer surplus of $10
D. a consumer surplus of $670, and Tony experiences a producer surplus of $200
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