Producer Surplus Equals Profits

question 78

Multiple Choice

Producer surplus equals profits

• A)plus the sum of marginal costs.
• B)minus the sum of marginal costs.
• C)plus total fixed costs.
• D)minus total fixed costs.
• E)minus total costs.

---

Definitions:

Earnings Gap

The disparity in income between different groups of workers, often analyzed by gender, race, or education level.

Discrimination Victims

Individuals who have suffered unfair treatment or prejudice in various contexts (e.g., workplace, public services) based on personal characteristics such as race, gender, or age.

Charter Of Rights

A formal document or legislation that outlines the fundamental rights and freedoms of citizens, protected by law.

Fundamental Rights

Basic human freedoms and protections that are guaranteed by the constitution or recognized universally, such as freedom of speech and right to equality.