Duty is usually based upon: a. product classification, valuation and origin. b. pre-shipment inspections, weight and customs bonds. c. value-added taxation, absolute quotas and rules of origin. d. tariff, border traffic taxes and non-tariff barriers

After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.