Ava buys a lapis lazuli ring for $$300$ for which she was willing to pay $$340.$ The minimum acceptable price to the seller, Noah, was $$140.$ Ava experiences

Multiple Choice

a consumer surplus of $$40,$ and Noah experiences a producer surplus of $$160.$

a producer surplus of $$160,$ and Noah experiences a consumer surplus of $$40.$

a consumer surplus of $$200,$ and Noah experiences a producer surplus of $$200.$

a producer surplus of $$300,$ and Noah experiences a consumer surplus of $$340.$