Question

Mountain river adventures offers whitewater rafting trips down the colorado river. it costs the firm $100 for the first raft trip per day, $120 for the second, $140 for the third, and $160 for the fourth. if the market price for a raft trip was $120 but has now increased to $150, the gain in producer surplus is equal to:

Answer 1

Add the first four numbers than u will need to know what increased means it means u either add or subtract $150 and than u find your answer