Producer Surplus Is the

question 138

Multiple Choice

Producer surplus is the

• A) marginal cost of producing it summed over the quantity sold.
• B) demand for a good minus the supply summed over the quantity sold.
• C) price of a good minus the marginal cost of producing it summed over the quantity sold.
• D) cost of the good summed over the quantity sold.

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Definitions:

Fault Scarp

This is a steep slope or long cliff formed by the movement along a fault, representing the exposed surface of the fault before erosion and weathering.

Earthquake Rupture

The process during an earthquake where the Earth's crust breaks and moves along a fault.

Compacted

Describes sediment that has been pressed tightly together, increasing its density due to the weight of overlying materials or by mechanical means.

Fault Rupture

Fault rupture is the sudden break or fracture along a fault line in the Earth's crust, resulting in the displacement of the ground on either side of the fault.