The table below shows the amount three sellers are willing to sell (WTS) for different quantities of large pepperoni pizzas. SellerQuantity of pizzas suppliedWTS for each pizzaPeter4$30Paul8$24Mary4$12                                     On the diagram below, draw the supply curve for pepperoni pizza. How much total producer surplus do they receive if the price of pizza is $25? $

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter3: Demand And Supply
Section: Chapter Questions
Problem 53P: Table 3.8 shows information on the demand and supply for bicycles, where the quantities of bicycles...
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The table below shows the amount three sellers are willing to sell (WTS) for different quantities of large pepperoni pizzas.

SellerQuantity of pizzas suppliedWTS for each pizzaPeter4$30Paul8$24Mary4$12

                                   
On the diagram below, draw the supply curve for pepperoni pizza.

How much total producer surplus do they receive if the price of pizza is $25? $

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