represents (the total producer surplus / the change in total producer surplus) when the market price (is $125 / is $175 / changes from $200 to $175 / changes from $125 to $175). 6. Producer surplus and price changes The following graph shows the supply curve for a group of students looking to sell used graphing calculators. Each student has only one used calculator to sell. Each rectangular segment under the supply curve represents the "cost," or minimum acceptable price, for one student. Assume that anyone who has a cost just equal to the market price is willing to sell his or her used calculator. Sharon 200 Paolo 150 l i.lwi;』 Lucia 100 Kenj Ginny Eric QUANTITY (Used calculators) Region A (the purple shaded area) represents the total producer surplus when the market price isS while Region B (the grey shaded area) In the following table, indicate which statements are true or false based on the information provided on the previous graph. True False Statement Assuming each student receives a positive surplus, Kenji will always receive less producer surplus than Lucia.O Producer surplus is smaller when the price is $175 than when it is $125 In order for Sharon to earn a producer surplus of exactly $50 from selling a used calculator, the market price needs to be S 6. Producer surplus and price changes The following graph shows the supply curve for a group of students looking to sell used graphing calculators. Each student has only one used calculator to sell. Each rectangular segment under the supply curve represents the "cost," or minimum acceptable price, for one student. Assume that anyone who has a cost just equal to the market price is willing to sell his or her used calculator. Sharon 200 Paolo 150 l i.lwi;』 Lucia 100 Kenj Ginny Eric QUANTITY (Used calculators) Region A (the purple shaded area) represents the total producer surplus when the market price isS while Region B (the grey shaded area) In the following table, indicate which statements are true or false based on the information provided on the previous graph. True False Statement Assuming each student receives a positive surplus, Kenji will always receive less producer surplus than Lucia.O Producer surplus is smaller when the price is $175 than when it is $125 In order for Sharon to earn a producer surplus of exactly $50 from selling a used calculator, the market price needs to be S