Uppose that a customer's willingness to pay for a product is $120, and the seller's willingness to sell is $110. If the negotiated price is $119: consumer surplus is negative. consumer surplus is greater than producer surplus. producer surplus is negative. producer surplus is greater than consumer surplus.

producer surplus is greater than consumer surplus.

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.

Consumer surplus = willingness to pay - price of the product

$120 - $119 = $1

Producer surplus is the difference between the price of a product and the least price the seller is willing to sell his product.

Producer surplus = price - least price the seller is willing to sell his product.

$119 - $110 = $9

From the calculation, producer surplus is greater than consumer surplus.

I hope my answer helps you

$46,500 unfavorable

Explanation:

The computation of the total sales quantity variance is as follows:

Total sales quantity variance    

Sales quantity variance is

= (Actual quantity sold - Budgeted quantity) × Budgeted price

For product X, it would be

= (42,000 - 22,500) × $13

= $253,500 favorable  

And, For product Y, it is

= (80,000 - 90,000) × $30

= $300,000 unfavorable

So, the total would be

= $300,000 - $253,500

= $46,500 unfavorable

This is the answer but the same would not be provided in the given options