What is the decrease in producer surplus, Microeconomics

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What is the decrease in producer surplus

Problem

A fall in Demand causes a fall in competitive equilibrium from a price of $12.50 and quantity of 2000 units to $11 and 1700 units. What is the decrease in producer surplus if the demand and supply functions are linear?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the decrease in producer surplus

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