Question: Table 7 - 1 1 The only four producers in a market have the following costs: Seller Cost Evan $ 5 0 Selena $ 1

Table 7-11
The only four producers in a market have the following costs:
Seller
Cost
Evan
$50
Selena
$100
Angie
$150
Kris
$200
Refer to Table 7-11. If the sellers bid against each other for the right to sell the good to a consumer, then the good will sell for
Group of answer choices
$150 or slightly less.
$50 or slightly more.
$100 or slightly less.
$200 or slightly more.

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