MJM Products, Inc. designs and sells flannel jackets. The company is willing to sell a men's flannel jacket for $45. Its main competitor is RL Outriggers, which is willing to sell the same men's flannel jacket for as little as $40. The current market price of that type of jacket is $57. What is the total producer surplus for the two firms?
a) $95
b) $12
c) $17
d) $29
e) $5
