Examlex
Which of the below statements is false regarding attention and behavioral arousal?
Producer Surplus
The difference between the amount producers are willing and able to supply a good for and the actual amount they receive (market price).
Consumer Surplus
Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.
Producer Surplus
The difference between what producers are willing to accept for a good versus what they actually receive.
Producer Surplus
The difference between what producers are willing to accept for a good versus what they actually receive, often seen as a measure of producer welfare.
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