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MMLU-Pro / 7367 / Elsa values her time at …

Problem

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question

Elsa values her time at 50perhour,andtutorsDavidfortwohours.Davidiswillingtopay50 per hour, and tutors David for two hours. David is willing to pay 175 for two hours of tutoring, but they negotiate a price of $125 for the entire two hours. Which of the following statements is true about the transaction above:
Plain-text mathematical notation (without MathML)
Elsa values her time at 50perhour,andtutorsDavidfortwohours.Davidiswillingtopay175 for two hours of tutoring, but they negotiate a price of $125 for the entire two hours. Which of the following statements is true about the transaction above:
Original LaTeX notation
Elsa values her time at $50 per hour, and tutors David for two hours. David is willing to pay $175 for two hours of tutoring, but they negotiate a price of $125 for the entire two hours. Which of the following statements is true about the transaction above:

category

economics

options

  1. Producer surplus is less than consumer surplus by between $50 and $75.
  2. Consumer surplus equals producer surplus.
  3. The difference between consumer and producer surplus is greater than $75.
  4. The difference between consumer and producer surplus is $50.
  5. Consumer surplus is greater than producer surplus by between $50 and $75.
  6. Consumer surplus is less than producer surplus by between $50 and $75.
  7. Producer surplus is greater than consumer surplus by between $50 and $75.
  8. The difference between consumer and producer surplus is $25.
  9. Consumer surplus is greater than producer surplus by more than $75.
  10. Producer surplus is greater than consumer surplus by more than $75.

src

ori_mmlu-high_school_microeconomics

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