Amanda buys a ruby for $340 for which she was willing to pay $340. The minimum acceptable price to the seller, Tony, was $190. Amanda experiences Multiple Cholce a consumer surplus of $0, and Tony...

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Extracted text: Amanda buys a ruby for $340 for which she was willing to pay $340. The minimum acceptable price to the seller, Tony, was $190. Amanda experiences Multiple Cholce a consumer surplus of $0, and Tony experlences a consumer surplus of $150. a consumer surplus of $340, and Tony experlences a producer surplus of $200. a consumer surplus of $0, and Tony experlences a producer surplus of $150. a producer surplus of $0, and Tony experiences a consumer surplus of $190. a producer surplus of $200, and Tony experlences a consumer surplus of $0.