Producer Surplus Is The

question 405

Multiple Choice

Producer surplus is the:

• A) number of producers who are excluded from a market because of scarcity.
• B) amount of a good that a producers will sell at a price below the equilibrium price.
• C) amount consumers actually pay for a good minus the amount the sellers are willing to sell the good.
• D) amount consumers are willing to pay for a good minus the cost of producing the good.

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