A firm sells a high-end electric scooter for a price of $2,500. For a specific transaction involving the 100th scooter sold, the buyer had a maximum willingness to pay of $3,200. The firm's marginal cost to produce this 100th scooter was $1,800. Based solely on this single transaction, what are the resulting consumer surplus and producer surplus?

Analysis of Surplus Distribution

A company sells custom-built gaming PCs. For the 20th PC sold in a month, the buyer was willing to pay a maximum of $2,200, and the actual sale price was $1,950. The marginal cost for the company to produce this specific PC was $1,500. Based on this single transaction, match each economic concept to its correct calculated value.

Calculating Surplus in a Single Transaction

A company sells high-end bicycles. For the 50th bicycle sold, the buyer's maximum willingness to pay was $4,000, and the selling price was $3,100. The marginal cost for the company to produce this specific bicycle was $2,000. Based on this information, the following statement is correct: 'In this transaction, the consumer surplus was greater than the producer surplus.'

In a specific transaction for a luxury good, the producer surplus was calculated to be $12,800 and the consumer surplus was $6,800. If the marginal cost for the producer to create this specific item was $14,400, then the consumer's maximum willingness to pay for the item was $____.

Impact of a Price Change on Surplus Distribution

Evaluating Pricing Strategies and Surplus Distribution

Evaluating Surplus Distribution from a Single Transaction

A firm is negotiating the sale of a specific, unique product. The potential buyer has a maximum willingness to pay of $5,000. The firm's marginal cost to create this item is $2,000. The firm is considering two possible final prices: Price A ($4,000) and Price B ($2,500). Which of the following statements correctly analyzes the distribution of surplus between the two price options?